Rating of NBFCs is necessary before it accepts deposit
An unrated NBFC, except certain Asset Finance companies (AFC), cannot accept public deposits. An exception is made in case of
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What a depositor should know before depositing money with NBFCs
While making deposits with an NBFC, the following aspects should be borne in mind: A proper deposit receipt is issued, giving
Read MoreWhether NBFC can accept deposit & its related Regulations
Can all NBFCs accept deposits? All NBFCs are not entitled to accept public deposits. Only those NBFCs to which the
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Read MoreSubmission of Long Form Audit Report (LFAR) by Concurrent Auditors
RBI/2014–15/626 DBS.CO.ARS.BC.8/08.91.001/2014–15 June 2, 2015 In terms of enclosure 1 of RBI circular DBS.CO.PP.BC.11/11.01.005/2001–2002 dated April 17, 2002 all the banks were
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Read MoreCompanies Act 2013 in Word Format
Download Companies Act 2013 in Word Format. Download Companies Act 2013 Share on: whatsapp
Read MoreDifferent types/categories of NBFCs registered with RBI
NBFCs are categorized a) in terms of the type of liabilities into Deposit and Non-Deposit accepting NBFCs, b) non deposit
Read MoreWhether NBFC required to get registered with RBI & Its Norms
In terms of Section 45-IA of the RBI Act, 1934, no Non-banking Financial company can commence or carry on business
Read MoreNew Effective Rate of Service Tax on Various Services after Abatement from 01.06.2015
After increment of Service Tax from 12.36% to 14% from 01.06.2015 the New Effective Rate of Service tax on various
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