Registration of NBFC (Business Opportunities - Other Business Ads)

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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

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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

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2024-05-20 (0.389 sec)