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NBFC Deposits, Reserve Funds, etc under RBI Act

by | Dec 14, 2019 | NBFC

The working and operations of an NBFC are governed within the framework of the Reserve Bank of India (RBI) Amendment Act, 1997, by RBI. Section 45-IA provides that no NBFC shall start or carry on the activities of Non- Banking Financial Institution (NBFI) without...