NBFC Registration and Compliance Services

We offer comprehensive services for NBFC registration and compliances includes:

• Assistance in obtaining fresh NBFC license (Certificate of Registration (‘COR’)) from the RBI
• Assistance in obtaining RBI approval for acquisition of NBFC business (Change in Control & Management of the NBFC)
• Conducting high level and/or detailed due diligence of the existing NBFC for acquisition /change in control and management
• Advising on optimal entry structure for establishing NBFC business in India
• Providing recommendations on essential qualifications and working experience for directors and shareholders for obtaining fresh NBFC license
• Assistance in drafting of NBFC business plan to be submitted along with the registration application
• Assistance in addressing RBI queries throughout the licensing process. 

• Establishment of requisite NBFC processes in alignment with the RBI Master Directions.
• Guidance in interpreting and comprehending Anti-Money Laundering (AML) and Know Your Customer (KYC) Norms periodically issued by the RBI.
• Support in ensuring compliance with KYC & AML regulations stipulated by the RBI on an ongoing basis. 
• Creation of Standard Operating Procedures (SOPs), Policies, and Charter Documents tailored to the specific needs of the NBFC. 
• Development of a comprehensive compliance calendar tailored to the NBFC's regulatory obligations. 
• Assistance in navigating end-to-end reporting requirements mandated by regulatory authorities. 
• Assistance in responding to routine RBI queries from time to time.
• Support in adhering to prudential norms prescribed by the RBI for NBFCs. 
• Conducting internal audits of NBFC processes and practices, focusing on regulatory adherence. 
• Performing thorough due diligence on NBFCs to ensure readiness for RBI inspections;