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CA Adarsh Agrawal (CMD of SHAYVIDZ Group)     24 April 2010

All About NBFC !!! with Downloads !!

Non-Banking Financial Company - NBFC

 

NBFC means Non-banking financial company. A non-banking financial company (NBFC) is a company registered under the Companies Act, 1956 of India and is engaged in the business of loans and advances, acquisition of shares/stock/bonds/debentures/securities issued by government or local authority or other securities of like marketable nature, leasing, hire-purchase, insurance business, chit business, but does not include any institution whose principal business is that of agriculture activity, industrial activity, sale/purchase/construction of immovable property.

 

 




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 13 Replies

CA Adarsh Agrawal (CMD of SHAYVIDZ Group)     24 April 2010

Difference between NBFCs & Banks

 

NBFCs are doing functions akin to that of banks; however there are a few differences:

(i) an NBFC cannot accept demand deposits;

(ii) an NBFC is not a part of the payment and settlement system and as such an NBFC cannot issue cheque drawn on itself; and

(iii) deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available for NBFC depositors unlike in case of banks.

1 Like

CA Adarsh Agrawal (CMD of SHAYVIDZ Group)     24 April 2010

Prudential Norms - NBFC


Attached File : 38 38 prudential norms nbfc.pdf downloaded: 529 times
1 Like

CA Adarsh Agrawal (CMD of SHAYVIDZ Group)     24 April 2010

NBFC - RBI - FAQ


Attached File : 44 44 nbfc rbi faq.pdf downloaded: 412 times

CA Adarsh Agrawal (CMD of SHAYVIDZ Group)     24 April 2010

Handbook for Laws on NBFC


Attached File : 51 51 handbook for laws on nbfc.pdf downloaded: 673 times

CA Adarsh Agrawal (CMD of SHAYVIDZ Group)     24 April 2010

NBFC Checklist - 1


Attached File : 36 36 nbfc checklist.pdf downloaded: 455 times

CA Adarsh Agrawal (CMD of SHAYVIDZ Group)     24 April 2010

NBFC Checklist - 2


Attached File : 8 8 nbfc chck.doc downloaded: 324 times

CA Adarsh Agrawal (CMD of SHAYVIDZ Group)     24 April 2010

NBFC Checklist - 3


Attached File : 13 13 checklist for nbfc xls.xls downloaded: 416 times

(Guest)

thanks buddy...

CA Adarsh Agrawal (CMD of SHAYVIDZ Group)     24 April 2010

Originally posted by :Nirav Pankaj Shah
"
thanks buddy...
"


You Always Welcome Sir !!

Arjun Kashyap (Student)     24 April 2010

thnx a lot sir 4 above attached files..!!

Dr. L.N. Lion (CMD)     25 April 2010

Thanks Mr. Learner. Your this post is full of knowledge as usual.

Rashi (Student)     26 April 2010

Thank u learner sir.

CA Adarsh Agrawal (CMD of SHAYVIDZ Group)     30 April 2010

Thanks for comments Arjun, Dr. LN Lion, & Rashi


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