Common Observations Made by Statutory Auditors During NBFC Audits: What Goes Wrong and How to Fix It
Common Observations Made by Statutory Auditors During NBFC Audits Your books are closed. Your loan system shows healthy numbers. Your board has approved the accounts. But here is the real question: would your NBFC pass if an RBI inspector or the National Financial Reporting Authority (NFRA) looked at the same numbers tomorrow? Is […]
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Types of NBFCs in India: A Guide to RBI’s Classification
Types of NBFCs in India Not every Non-Banking Financial Company does the same job. A microfinance lender, a housing finance company and a peer-to-peer platform all hold an RBI licence, yet each follows different rules, capital norms and business limits. Before applying for a licence or choosing an NBFC to deal with, it […]
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The Complete Checklist for Nidhi Company Registration: 2026 Guide
The Complete Checklist for Nidhi Company Registration: 2026 Guide A Nidhi Company is a specialized Non-Banking Financial Company (NBFC) formed with the sole objective of cultivating the habit of thrift and savings among its members. Operating on the principle of mutual benefit, these companies receive deposits from and lend exclusively to their enrolled members. Because […]
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The Complete Checklist for NBFC Registration in India: 2026 Guide
Checklist for NBFC Registration in India Non-Banking Financial Companies (NBFCs) are the backbone of inclusive credit delivery in India, offering banking-like financial services without holding a traditional banking license. Under Section 45-IA of the Reserve Bank of India (RBI) Act, 1934, no entity can commence or carry on the business of a non-banking […]
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Types of Alternative Investment Funds (AIF) in India
Why The Category You Choose Is The Most Important Decision SEBI splits every AIF into one of three categories at the point of registration, and that single choice determines your tax treatment, leverage limits, investor base and regulatory obligations for the life of the fund. Getting this decision wrong is expensive to reverse. […]
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