Prior Approval of RBI
This query is : Resolved
05 January 2009
Whether Prior Approval of RBI is required in case of change in shareholding of Nbfc not accepting public deposits???
CS Arpita Rajpurohit
(Expert)
13 January 2009
i think its not required. coz we have an NBFC-NDA & we never intimate any such change to RBI
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