Company Profile
Prabhat Securities Limited, registered with the Reserve Bank of India (RBI) as a Non-Banking Financial Company, is presently engaged in business of finance, Investment and fund based & non-fund based activities.
Prabhat Securities Limited is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI). The company operates in the finance sector and is involved in various fund-based and non-fund-based activities.
The company primarily focuses on providing financial services such as lending, investing, and other related activities. Prabhat Securities operates within the regulatory framework set by the RBI to ensure compliance with industry standards and guidelines.
In terms of fund-based activities, Prabhat Securities offers financial solutions such as loans, advances, and credit facilities to individuals, businesses, and institutions. The company evaluates the creditworthiness of borrowers and extends financial support based on their requirements. These fund-based activities contribute to the growth and development of various sectors of the economy, such as agriculture, manufacturing, trade, and services.
Additionally, Prabhat Securities is involved in non-fund-based activities, which include services like investment management, advisory services, underwriting, and asset management. The company assists clients in making sound investment decisions and offers expert advice on managing their financial portfolios. Prabhat Securities may also engage in activities such as issuing guarantees, letters of credit, and other non-fund-based financial instruments to facilitate trade and commerce.
As an RBI-registered NBFC, Prabhat Securities operates under the regulatory supervision of the central bank. The RBI sets guidelines and regulations to ensure the stability and integrity of the financial system. Prabhat Securities is required to maintain adequate capital adequacy, follow prudential norms, and adhere to reporting and disclosure requirements specified by the RBI. These measures help safeguard the interests of customers and maintain the overall health of the financial sector.
Prabhat Securities Limited's registration as an NBFC with the RBI signifies its credibility and compliance with regulatory standards. The company's finance, investment, and fund-based/non-fund-based activities enable it to play a significant role in supporting economic growth and providing financial services to a wide range of clients.