Where can I find NBFC?
The Reserve Bank publishes the list of NBFCs that hold a valid Certificate of Registration for accepting deposits on its website: www.rbi.org.in → Sitemap → NBFC List → List of NBFCs Permitted to Accept Deposits.
How many NBFCs companies are there in India?
As of January 31, 2021, there were 9,507 non-banking financial companies (NBFCs) registered with the Reserve Bank of India. The vast majority of over nine thousand NBFCs belonged to the non-deposit taking category.
Which is the largest NBFCs in India?
In financial year 2020, the NBFC wing of HDFC was the leading non-banking financial company (NBFC) in India in terms of total assets worth over five trillion Indian rupees. It was followed by Bajaj Finance and Shriram Transport Finance Corporation with assets worth more than one trillion rupees each.
How can I open NBFC in India?
Procedure to Incorporate an NBFC A company should first be registered under the Companies Act 2013 or should already be registered under the Companies Act 1956 as either a Private Limited or a Public Limited Company. The minimum net owned funds of the Company should be Rs. 2 Crore.
How can I get NBFC Licence in India?
Applying for NBFC License
- Information about the management.
- Certified copies of Certificate of Incorporation and Certificate of Commencement of Business in case of public limited companies.
- Certified copies of up-to-date Memorandum and Articles of Association of the company.
- Copy of PAN/CIN allotted to the company.
What are NBFCs list of major NBFCs in India?
There are a huge number of NBFCs operating in our country but here’s a look at the current top 10 NBFCs in India.
- Power Finance Corporation Limited.
- Shriram Transport Finance Company Limited.
- Bajaj Finance Limited.
- Mahindra & Mahindra Financial Services Limited.
- Muthoot Finance Ltd.
- HDB Finance Services.
- Cholamandalam.