Quick Summary
The Reserve Bank has undertaken a comprehensive review of the system of processing of applications for registration as Core Investment Companies (CICs) to make the registration process smoother and hassle free. Accordingly, the application form has been revamped to make it structured and aligned wit
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FAQ :
The RBI has undertaken a comprehensive review and revamped the application form to make the registration process smoother and hassle-free.
The application form has been revamped to be more structured and aligned with current Core Investment Company regulations.
The number of documents required has been reduced to 18, down from the previous set of 52 documents.
The revised application form and an indicative list of documents to be furnished are available on the RBI website.
No, the list of documents is indicative and not exhaustive. The Reserve Bank may request further documents if necessary.
If the Reserve Bank calls for further documents, the applicant company must respond within a stipulated time of one month.
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