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Qualifications for an NBFC Company

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To qualify as a Non-Banking Financial Company (NBFC) in India, a company must meet specific criteria set by the Reserve Bank of India (RBI). The primary qualifications include: 1. Registration Requirements: The company must be registered under the Companies Act, 2013 or 1956 and apply for NBFC registration with the RBI. 2. Minimum Net Owned Fund (NOF): The company must have a mi...

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