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201301.00 Rs Apply For NBFC Registration in India Noida

Published date: October 7, 2020
  • Location: Noida, Noida, Uttar Pradesh, India

A Non – Banking Financial Corporation is a company organized under the Companies Act 1956/2013. As indicated by segment 45-I (c) of the RBI Act, a Non – Banking Company carrying on the matter of a budgetary organization will be an NBFC.
It further states that the NBFC must be engaged in the business of Investments and Loans, Acquisition of assets, equities, bonds, etc issued by the administration of any local authority or other marketable securities. A non-banking institution which is a company and has the major business of receiving deposits under any scheme or any mode is also a non-banking financial company.NBFC registration in India is now expanding and growing.

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