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Title Appeal For Cancelled Nbfc Licence
URL https://www.corpzo.com/revival-of-nbfc--appeal-for-cancelled-nbfc-licence
Category Business --> Business Services
Meta Keywords Corpzo Ventures Private Limited
Meta Description The firms incorporated under the Companies Act 2013 as the public or private limited company having objective of financial activity are known as NBFC or Non-Banking Financial Companies.
Owner corpzo
Description
The firms incorporated under the Companies Act 2013 as the public or private limited company having objective of financial activity are known as NBFC or Non-Banking Financial Companies. NBFCs offer banking services without having met the legal banking concept. Under RBI Act Section 451(c), a Non-Banking Company carrying on a Financial Institution business would be an NBFC. It is regulated by both the Ministry of Corporate Affairs and the Bank of India Reserve.