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What are the conditions for NBFC registration?

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To register as a Non-Banking Financial Company (NBFC) in India, certain conditions must be met: 1. Legal Structure: The entity must be a company incorporated under the Companies Act, 2013 or the Companies Act, 1956. 2. Net Owned Funds (NOF): The company must have a minimum net owned funds of ₹2 crore, as prescribed by the Reserve Bank of India (RBI). The NOF represents the company's... https://www.compliancecalendar.in/nbfc-company-registration

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