Nbfc
This query is : Resolved
praveen bahuguna
(Querist)
16 September 2013
can a partnership firm work as an NBFC in india , with or without accepting public deposits ? also what is the procedure to obtain the license ?
CA Hardik Bunha
(Expert)
16 September 2013
no, firm is not eligible to work as NBFC,
u have to get sanction of rbi for open NBFC.
public deposits is optional.
u have to get sanction of rbi for open NBFC.
public deposits is optional.
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