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About 4 results for "nbfc structure"

Will crackdown on shell cos work?
Rediff.com

Will crackdown on shell cos work?

While the crackdown is a major step in combating tax evasion and improving transparency, it might also impact the flexibility and genuine corporate structures created to achieve legitimate objectives, says Suresh Surana. The ministry of corporate affairs in September took stricter measures against more than 100,000 shell companies and their directors. On September 5 banks were issued instructions by the department of financial services to ensure that all the directors (ex) or their authorised ... Rediff.com, 1 week ago

5 sectors that impact rural economy

Post DeMo and GST rollout, wage rise, good monsoon and farm loan waiver are expected to provide the base for pushing growth across regions There was wide disparity in brand awareness and decision making criteria with regard to pesticide purchases among ...
 The Financial Chronicle3 weeks ago

P2P lending capped at Rs 10 lakh for NBFCs

Borrowing from peer-to-peer lenders limited to Rs 10 lakh, single borrowing cannot cross Rs 50,000 After classifying peer-to-peer (P2P) lending platforms as non-banking financial companies last month, the Reserve Bank of India on Wednesday set regulations for ...
 The Financial Chronicle1 month ago

How Dinanath Dubhashi made L&T Finance one of the top five NBFCs

From being an almost crippled player with low RoE and plenty of bad-press till two years ago to one of the top five NBFCs now, L&T Finance has come a long way, thanks to the turnaround plan sewed up by the new management under chief executive Dinanath ...
 Business Standard1 month ago
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