As in keeping with section 45IA of the RBI Act,1934 no business enterprise shall begin or carry on the business of a non-banking Financial Company with out acquiring a certificates of NBFC Registration and without having a net Owned finances of Rs. two hundred lakhs.
The fundamental requirement for NBFC registration as an NBFC is the minimum internet owned price range of Rs. 200 Lakhs.
Net Owned budget approach the stability of owned budget minus the amount of inv
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