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What is NBFC Registration and Role in Finance about?

Non-banking financial companies (NBFCs) play an important role in the Indian financial system by providing bank-like services without a banking license. They are regulated by corporate and banking authorities and provide customized financing options. The registration process for NBFCs involves forming a company, meeting capital and compliance requirements, and obtaining a license from the Reserve Bank of India after submitting various documents and undergoing scrutiny.

Author

smriti

Language

EN