There are certain conditions that the applicant company must fulfill to get the NBFC License. An application is required to be made before RBI along with the requisite documents on the website of the RBI (COSMOS). RBI may issue a notice in case it has any query with regard to the NBFC application submitted, respond to the notice promptly to avoid the rejection of the application. Let’s first understand the pre-conditions required to obtain an NBFC license.
NBFC License: Procedure, Fees, All Requirements in India
February 25, 2020