Is their require any rbi licence or any othere licence for
This query is : Resolved
rajkumarjain
(Querist)
03 November 2012
Any permission or licence required by rbi to f
Amol S Joglekar
(Expert)
04 November 2012
what is the full text of query? Who needs the RBI liscence?
rajkumarjain
(Querist)
05 November 2012
Licence for financing vehicle by propritor or patnership firm by their own capital
Amol S Joglekar
(Expert)
05 November 2012
Let us put it this way..... banking needs permission from RBI. You have to take a call whether or not vehicle financing falls under BANKING. Intent of RBI is very clear.... indigenous banking needs pre permission.
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