How to Get an NBFC License in India: Complete Process & Requirements
India’s financial system is undergoing rapid change, and Non-Banking Financial Companies (NBFCs) are emerging as key players in this transformation. They help people and businesses access credit, especially in areas where traditional banks don’t reach. From supporting small businesses to driving fintech innovation, NBFCs play a significant role in enhancing financial inclusion in India. If […]
How to Register an NBFC in India | Step-by-Step Process Guide
India’s financial system is undergoing rapid change, driven by new technologies, shifting consumer needs, and a growing demand for flexible credit options. In the middle of this transformation, Non-Banking Financial Companies (NBFCs) are stepping up. They’re more than just financial institutions—they’re partners in progress. Whether it’s a young entrepreneur chasing a dream, a small business […]
What are Prepaid Payment Instruments (PPIs)? Types of PPI Issued in India
What Are Prepaid Payment Instruments (PPIs)? As India continues its digital transformation, one set of tools stands out in making everyday transactions quicker, easier, and more accessible: Prepaid Payment Instruments (PPIs). These instruments allow users to load funds in advance and use them for a wide range of payments—without needing physical cash or traditional banking […]
What is an NBFC-MFI? A Simple Guide to Microfinance Institutions
Inside This Article Introduction to NBFC-MFIs In India, many people lack easy access to banks or formal financial services. Non-Banking Financial Companies – Microfinance Institutions (NBFC-MFIs) assist these individuals by providing them with small loans. These small loans help individuals start businesses, improve their homes, or pay for education. This helps NBFC-MFIs ensure that people […]
RBI NBFC Exposure Guidelines: A Complete Regulatory Breakdown
Inside This Article Index Introduction What Are Exposure Norms & Why Do They Matter? What Exactly Counts as “Exposure”? Who Must Follow These Rules? What is the Large Exposure Framework (LEF)? Timeline and Scope of LEF What are the Exposure Limits? What Are the Exemptions & Methods to Offset Exposure? What Are the Capital Frameworks […]
Understanding the Difference Between Non-Banking Financial Companies & Micro Finance Institutions
If you’re running a business, managing rural development projects, or simply trying to make sense of India’s evolving financial ecosystem, you’ve come across the terms NBFC and MFI in india. They might sound similar, but trust me, they function quite differently. As someone who works closely with both Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions […]
Tax Audit Limits for AY 2025-26: Everything Indian Businesses and Professionals Need to Know
A tax audit is a way for the Income Tax Department to check if your income, expenses, and other financial details are reported correctly in your tax return. It helps keep things fair and transparent for taxpayers and the government. In India, tax audits are guided by Section 44AB of the Income Tax Act. The […]
A Simple Guide to New Rules on Default Loss Guarantees for NBFCs & FinTechs
On May 27, 2025, the Reserve Bank of India (RBI) introduced a significant clarification that will reshape how Non-Banking Financial Companies (NBFCs) and FinTech companies collaborate in digital lending. In simple terms, the RBI has stated that NBFCs can no longer consider Default Loss Guarantees (DLGs) offered by FinTechs when calculating loan loss provisions. This […]
What is an NBFC?
Inside This Article An NBFC, or Non-Banking Financial Company, is a type of company in India that works a lot like a bank—it can give loans, help people buy things on finance, and offer investment services. But unlike regular banks, NBFCs don’t have a full banking license. NBFCs play a key role in helping people […]
Virtual CFO vs In-House CFO: Which One Should You Choose?
Inside This Article Every business comes to a point where managing money gets more complex and needs expert guidance. As your company grows, so do your financial responsibilities—like keeping track of cash flow, staying on top of taxes and rules, reducing risks, and getting ready for future investments. Having the right financial leadership at this […]
