Important Eligibility Criteria for NBFC registration in India
To register as an NBFC in India, a company must have at least ₹2 crores in net owned funds, be incorporated under the Companies Act, 2013, and engage in activities such as lending or investment. The promoters and directors must satisfy the RBI's "fit and proper" criteria. Additionally, the company must comply with RBI guidelines and maintain robust corporate governance for effective financial management and compliance.
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