About An Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 which provides banking services without meeting the legal definition of a bank. They engage in the business of loans and advances, acquisition of shares, bonds, …
About NFRA The National Financial Reporting Authority (NFRA) was constituted in 2018 under the Companies Act, 2013 to continuously improve the quality of all corporate financial reporting in India. Functions and Duties: Recommend accounting and auditing policies and standards to …
About NFRA The National Financial Reporting Authority (NFRA) was constituted in 2018 under the Companies Act, 2013 to continuously improve the quality of all corporate financial reporting in India. Functions and Duties: Recommend accounting and auditing policies and standards to …
bout NCLAT The National Company Law Appellate Tribunal (NCLAT) was constituted under the Companies Act, 2013 for hearing appeals against the orders passed by the National Company Law Tribunal under the Insolvency and Bankruptcy Code, 2016 (IBC). NCLAT is also …
Context In India, public procurement amounts to nearly 20-25% of GDP. This means that a significant amount of taxpayers’ money is directed towards making purchases of public goods and services that constitute the lifeblood of government programmes and services. Government …
NBFCs An NBFC is a company registered under the Companies Act, 1956 which provides banking services without meeting the legal definition of a bank. They engage in the business of loans and advances, acquisition of shares, bonds, etc. issued by …
About North Eastern Development Finance Corporation Ltd (NEDFi) is a Public Limited Company registered under the Companies Act 1956 on 9th August, 1995. The shareholders of the Corporation are IDBI, SBI, LICI, SIDBI, ICICI, IFCI, SUUTI, GIC and its subsidiaries. …