Rbi approval
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 December 2012
Finance Service Business
Taking Money From Some One who lending for Interest, And Providing to who are in Need of Money.
Taking percentage from interest Earned
is in this case RBI Approval Needed ?
Company Authorised Capital is 1,00,000/-
Taking Money From Some One who lending for Interest, And Providing to who are in Need of Money.
Taking percentage from interest Earned
is in this case RBI Approval Needed ?
Company Authorised Capital is 1,00,000/-
03 December 2012
Authorised capital is 1 lakh. Accepting public deposits???? sec 58A... It is not possible.
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