Licence for finance service


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Querist : Anonymous

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Querist : Anonymous (Querist)
13 November 2013 Dear Experts,

Is there any licence or registration required for Private Finance Services.

If yes, then with whom I need to get registered or need to get license.
I will be thankful to you if you can provide details regarding procedure of the same.

Thanks.....!!!

Ajay Mishra (Expert)
13 November 2013 Without RBI approval you can not do financial business.

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 November 2013 Is it not allowed even on Individual level....!!

Ajay Mishra (Expert)
13 November 2013 As per my knowledge Individual can not do financial business it has been restricted.

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 November 2013 OK thanks Sir... !!!

Ajay Mishra (Expert)
13 November 2013 My Pleasure......


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