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The auditors of all NBFCs are compulsory to report directly to the Reserve Bank the non-compliance by any company of the above statutory provisions. NBFC is Non-banking financial company, that is registered under the New Companies Act, 2013 of India and is engaged in the business of loans and advances.
The auditors of all NBFCs are compulsory to report directly to the Reserve Bank the non-compliance by any company of the above statutory provisions. NBFC is the Non-banking financial company, that is registered under the New Companies Act, 2013 of India and is engaged in the business of loans and advances.
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