FAQs on requirement of prior approval by NBFC for change in management

Affluence Advisory , Last updated: 06 February 2025  
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The Reserve Bank of India (RBI), in its Master Directions (Direction) for NBFCs, has outlined the requirement of obtaining prior written permission of RBI for a change in management of the NBFC which would result in a change in more than 30 percent of the directors, excluding independent directors (

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