Registration of Non-Operative Financial Holding Companies (NOFHCs)

Last updated: 09 April 2014

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RBI/2013-14/558 DNBS (PD).CC.No. 374/03.10.001/2013-14 April 07, 2014 To Concerned Financial Institution Dear Sirs, Registration of Non-Operative Financial Holding Companies (NOFHCs) Please refer to the Guidelines for Licensing of New Banks in the Private Sector dated February 22, 2013 issued by Department of Banking Operations and Development (DBOD), vide RBIPress Release 2012-2013/1421of the same date. The Guidelines inter alia, state that promoter / promoter groups will be

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Notification No : RBI/2013-14/558

Attached File : 322600_5654_rbi_releases_guidelines_for_licensing_of_new_banks_in_the_private_sector.doc

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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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