Is their require any rbi licence or any othere licence for

This query is : Resolved 

03 November 2012 Any permission or licence required by rbi to f

04 November 2012 what is the full text of query? Who needs the RBI liscence?

05 November 2012 Licence for financing vehicle by propritor or patnership firm by their own capital

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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