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Is their require any rbi licence or any othere licence for

This query is : Resolved 
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(Querist)
03 November 2012 Any permission or licence required by rbi to f
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Amol S Joglekar

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Amol S Joglekar (Expert)
04 November 2012 what is the full text of query? Who needs the RBI liscence?
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rajkumarjain

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rajkumarjain (Querist)
05 November 2012 Licence for financing vehicle by propritor or patnership firm by their own capital
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Amol S Joglekar

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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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