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    Finance Company without permission from RBI

    Posted By : damini / Published on : 09-Apr-2020 12:51 PM / View : 507 / Comment : 1

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    Whether a Finance Company be formed (Without deposits from Public) without permission from RBI
    Read more on : permission without company finance

    • Yes, a finance company can be formed without deposits from the public without permission from the Reserve Bank of India (RBI). However, it is important to note that such a company would not be able to accept deposits from the public or engage in any banking activities. It would be limited to providing non-banking financial services such as lending, investment, and advisory services. It is advisable to consult with legal and financial experts or time card calculator users to ensure compliance with all relevant laws and regulations.

      18-11-2023 / 03:47:43 AM
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