Registration of NBFC | |
Registration of NBFC At Estabizz Fintech, you may get complete expert support with NBFC Registration, from submitting the application to receiving the COR ( Certificate of Registration) Overview About Registration in NBFC End-to-end help from company formation to obtaining the NBFC Registration licence, as well as drafting and preparing the necessary paperwork, are included in the package. Routine monitoring by the RBI department. From operations to compliance, NBFC advice. Creating a thorough five-year business strategy for your company Finalizing reporting forms from different organizational pillars. Internal Audit Service to improve efficiency. Services Covered In NBFC Registration Necessary Documentation for NBFC Registration Filing of NBFC Registration application with RBI End to End Coordination with department till the COR is obtained Business Plan Advisory on fintech based lending model Advisory on alternative credit scoring model Annual Compliances Internal Audit Digital Marketing Legal Advisory services if required Full assistance on meeting the secretarial as well as RBI compliances The following are the main revision highlights: The maximum amount that may be borrowed to finance IPO subscriptions would be 1 crore rupees per borrower. Four tiers will make up the nbfcs' regulatory structure: Base Layer: Non-deposit-taking nbfcs with assets under Rs. 1,000 crore; Middle Layer: All deposit-taking nbfcs; Non-deposit-taking nbfcs with assets beyond Rs. 1,000 crore; Upper Layer: This layer will be home to the top 10 qualifying nbfcs in terms of asset size; Top Layer: If the regulator thinks that certain nbfcs in the higher layer are significantly increasing the potential risk, this layer may fill up. With few exclusions, the minimum amount of net owned funds for all nbfcs will increase to 10 crore Rupees. With few exclusions, the net owned fund requirement will increase for all NBFCs to 10 crore Rupees. Note The Below guidelines will be effective from 1st October 2022. Further, the instructions related to the ceiling on IPO funding shall come into effect from 1st April 2022. The net owned money will be 2 crore rupees for NBFC P2P, NBFC AA, and NBFC without public funding and without a client interface. The net owned money will be 2 crore rupees for NBFC P2P, NBFC AA, and NBFC without public funding and without a client interface. By March 2026, NBFCs must classify loans that are past due by more than 90 days as NPAs, and by more than 150 days by March 2024.Visit Us for more Information About Registration of NBFC. Contact Us Call To : +91-9825600907 Email To : info@estabizz.com | |
Related Link: Click here to visit item owner's website (0 hit) | |
Target State: All States Target City : All Cities Last Update : 13 October 2023 4:19 PM Number of Views: 34 | Item Owner : Estabizz Contact Email: Contact Phone: 9825600907 |
Friendly reminder: Click here to read some tips. |