Resignation of Director in NBFC

Do we need to report to RBI about resignation of Director?
Replies (2)
Quick Summary
This discussion clarifies the process for reporting the resignation of a Director in a Non-Banking Financial Company (NBFC) to the Reserve Bank of India (RBI). It confirms that such resignations must be reported to the RBI. The conversation also touches upon who within the RBI to address the communication to and whether a specific format is mandated for the report.

Yes in case of NBFC every aspect is to be reported to RBI

whom to write the letter to in RBI? The Governor? Is there any prescribed format?

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