Starting a nbfc
This query is : Resolved
05 April 2012
Dear Sir,
I wnat to start a finance company (NBFC). I have my own funds of Rs 3 crores. Please can u brief me the procedure for the same.
I wnat to start a finance company (NBFC). I have my own funds of Rs 3 crores. Please can u brief me the procedure for the same.
05 April 2012
First decide, which kind of NBFC u want to start with i.e. deposit taking or non deposit taking.
Then apply in particular form along with required documents to ur jurisdiction RBI.
They will call for and ask for information which u need to submit.
Then they will given u registration as a NBFC.
Refer RBI Act, 1934 for details.
Then apply in particular form along with required documents to ur jurisdiction RBI.
They will call for and ask for information which u need to submit.
Then they will given u registration as a NBFC.
Refer RBI Act, 1934 for details.
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