- NBFCs in the upper layer are to be listed within three years of identification as NBFC-UL. Unlisted NBFC-ULs to draw up a board-approved road map for compliance with disclosure requirements of listed companies. Removal of independent directors - ...
FATF evaluation around the corner, on October 17, 2023, the RBI introduced significant amendments to these KYC directives through its notification titled – Amendment to the Master Direction on KYC (“Amendment”), impacting various regulated entities, including Non-Banking Financial Companies (NBFCs)...
bonds, loans, or shares of group companies other than block sales for dilution or disinvestment, further It doesn't engage in any activities listed in Sections 45(c) or 45(f) of the RBI Act of 1934. To qualify as NBFC-CIC the company’s asset value shall be of at least Rs. 100 ...
The rules of the provisions of the Banking Regulation Act, 1949, Reserve Bank of India Act, 1934, other relevant Statutes and the regulations of SEBI regarding public issues and other guidelines applicable to listed banking companies shall be applicable to new banks. For Conversion Of Non-Banking...
A single platform to Sell or Buy NBFC Companies or Bombay Stock Exchange Listed companies and other Businesses for Sale
There are three different types of audits, as per the ISO 19011:2018 standards that are listed below: Process Audit: This type of audit is conducted to verify whether the processes in the companies are following the predetermined instructions provided by the Governing bodies. Also, the primary ...