Associate companies as per rbi

Harvinder kumar (Company Secretary ) (195 Points)

18 December 2013  

Dear Friends,

I need your expert comment on following issue:

What does Associate Companies mean as per RBI?

I am filing a quarterly return for a NBFC-not accepting public deposits and having capital 50 cr to 100 cr. band. In the one column, the details of Associate Companies is asked, I am unable to find out the exact definition for Associate Company for RBI requirment.

I hope, you will help me out on this issue.

Look forward to your reply.

Regards,

Harvinder

Company Secretary