ABOUT BANKS AND NBFCs
A Bank is a Financial Institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
A Non-Banking Financial Institution or Non-Bank Financial Company (NBFC) is a financial institution that does not have a full banking license or is not supervised by a national or international banking regulatory agency.
ABOUT COMPLIANCE CALENDAR LLP
Compliance Calendar is a Leading Compliance Tech Platform assisting Startups and SMEs stay compliant in their businesses. We provide services to Entrepreneurs ranging from the Company Registration, Trademark Registration, MSME (Udyam) Registration, Startup India Registration, GST Registration, ISO Certification, Accounting, Legal, Tax, ROC Compliance and Business Advisory Services. We are the fastest growing technology-driven compliance platform offering cloud-based services across India for Entrepreneurs and SMEs to start, grow, protect and exit their business while at the same time remain compliant with the ever-changing rules and regulations of the business legal framework. Startups who get Angel Funding often do not have enough information in terms of compliance for Company Law and Income Tax. At Compliance Calendar, we help them focus on their businesses while we look after compliance for them.
ROLE OF BANKS AND NBFC IN INDIA INC
For any business to run, it is important to have a Current Account with one Bank to begin with. Banks are at the core to payment system, which helps an economy exchange goods and services for money or other financial assets. Along with making transactions much safer and easier, Banks also provide short-long terms loans/ overdrafts, bank guarantee and do multiple functions. On the other hand, NBFCs are Financial Intermediaries engaged in the business of accepting deposits delivering credit and play an important role in channelizing the scarce financial resources to capital formation. In India, despite being different from banks, NBFC are bound by the Indian banking industry rules and regulations of the Reserve Bank of India (RBI). Banks and NBFCs play significant role in the transaction of business.
CCL PARTNERSHIP PROGRAM FOR BANKS AND NBFC
The role of Banks and NBFC cannot be overlooked in the business progress right from a new Company is registered. Compliance Calendar LLP is the trusted and in-demand Firm which provides host of services to Startups including Company Registration. With this Partnership with Banks, we can refer the Founders to your Banks which will give you business and newly registered companies will not have to struggle in receiving current account numbers. Not only this, through this partnership we can offer Charge related services to your customers including but not limited to Search Reports and ROC Reports. If you are an NBFC, you must be looking for corporates who need term loans, overdrafts and other source of financing. We have clients ranging across Industries. Under CCL Partnership Program, Compliance Calendar LLP has been partnering with Banks and NBFCs and wish to offer Startups Current Accounts faster, and financial services with ease.
WHY TO PARTNER WITH US?
CCL Partnership Program for Banks and NBFCs has been conceptualised to offer win-win situation to both Banks/ NBFCs as well as Startup Companies who wants to avail financial services. One of the main reasons to partner with such financial institution is that Compliance Calendar LLP wants to accelerate growth of Indian Startups by providing them easy to operate banking solution and avail loan in a defined time limit from Banks/NBFCs. This will also help Banks/NBFCs increase customer base and market penetration and thereby leading to overall success to Companies through CCL Partnerships. If you represent any bank or NBFC and have any queries on this potential strategic partnership, you can reach out to us at partnership@ccoffice.in and we will get back to you at the earliest.
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