favorite this postNBFC Registration Under the Guidelines of RBI (Gurgaon)hide this posting
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NBFCs are Modulated by the Reserve Bank of India within the body of the Reserve Bank of India Act. Section 45-IA provides that no NBFC shall begin the business of a Non- Banking Financial Institution without obtaining a Certificate of NBFC Registration which can only be issued by the Reserve Bank of India.
NBFC Provides almost every service that banks offer it includes performing financial intermediation, offering loans, accepting deposits, giving cash advances and hiring purchase.