NBFC Compliance

Have you done with Certificate of Registration (CoR) from Reserve Bank of India (RBI) as Non-Banking Financial Company, then now take a breath and let’s foster for better corporate governance and compliance mandate by RBI.

Introduction

Non-Banking Finance Company is an institution license, regulated and supervised by Reserve Bank of India to do financial business in India. Post certificate of registration, such institution is required to made regular compliance reporting to other external agency.

Under this, the post registration compliance for NBFC is supervised and executed by us. Precisely the registration of other external agency and there month on month reporting is taken care by us. Initially institution is required to get registered with credit information company (CIC), Financial Intelligence Unit, Information Utility, Central KYC, CERSAI as per its nature of activities. In India, NBFC is termed as Reporting Entity as per RBI terminology being financial institution licensed by RBI. There are 4 CIC company which is membership-based model, first take membership and do regular reporting of business activities by 15th month of following month.

As such any kind of post registration compliance is required, do remember us for hassle free solution from us. We provide one-time registration as well as regular reporting of business activities of NBFC in regular frequency as per applicable timeline given by Reserve Bank of India.