Non-bank financial institution

Scrutiny of NBFCs to Determine that they are not Crossing their Mandate

The Ministry of Corporate Affairs has recently forwarded a list of 34,754 companies which are registered under the Companies Act, 1956 and classified / categorised as Non- Banking Financial Companies (NBFCs) in the records of Ministry of Corporate Affairs and these companies may be carrying on Non-Banking Financial Institution (NBFI) activities without mandatory registration as… Read More

Tags: Corporate Affairs MinistryNBFCNon-bank financial institutionNon-banking financial companyRajya SabharbiReserve Bank of IndiaRun batted in

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