Non-Banking Financial Companies (NBFCs) play a crucial role in India’s financial services sector, providing credit and other financial solutions to underserved markets. With an increasingly dynamic and regulated environment, NBFCs require expert compliance management, structuring, and advisory services.
At S Choudhary & Co, our experienced team of Company Secretaries and regulatory compliance professionals offers comprehensive services tailored for NBFCs — covering licensing, RBI compliance, governance, corporate structuring, and strategic advisory.
🔍 NBFC Service Offerings
📌 NBFC Incorporation & Licensing
- Advisory on selection of suitable NBFC category (Loan, Investment, Microfinance, Infrastructure Finance, Housing Finance, etc.)
- Company incorporation and structuring
- Drafting and vetting of Memorandum and Articles of Association
- Preparation and submission of RBI license application
- Coordination with RBI and other regulators
- Assistance in obtaining Registration Certificate under Section 45-IA of the RBI Act
📌 RBI Compliance & Regulatory Filings
- Periodic and annual filings with RBI
- Compliance with RBI Master Directions for NBFCs
- Maintenance of statutory records, registers, and secretarial documentation
- Annual Return of Deposits, FDI reporting, and FIU-IND related compliance
📌 Corporate Governance & Secretarial Support
- Advisory on Board meetings, drafting of resolutions and minutes
- Formation of Audit Committee, Risk Management Committee, and other governance structures
- Drafting and implementation of key policies: Fair Practices Code, KYC/AML, Interest Rate Policy, Asset Classification & Provisioning Policy
- Conducting Secretarial Audits and Compliance Health Checks
📌 Due Diligence & Regulatory Advisory
- Legal and regulatory due diligence for NBFC acquisitions, mergers, or capital raising
- Advisory on business model changes, control transfers, and management restructuring
- RBI inspection preparedness and representation
- Assistance in regulatory correspondence and clarifications
📌 NBFC Takeover, M&A, and Compliance Restructuring
- Complete support in NBFC takeover and acquisition transactions
- Drafting and reviewing Share Purchase Agreements (SPA) and Shareholders’ Agreements (SHA)
- Compliance with RBI guidelines for change in management or control
- Post-transaction compliance, restructuring, and advisory
✔ Specialised Expertise in NBFC regulatory compliance
✔ Complete Compliance Management under one roof
✔ Proactive tracking of RBI notifications, circulars, and Master Directions
✔ Dedicated advisory services for fintech, microfinance, and digital lending companies
✔ Transparent engagement, timely execution, and personalised support