Acquisition of control is covered separately by Reg 4. The question, in the context of NBFCs is, whether “takeovers” and “change of control” are to be read as two separate situations, and if yes, what will be the meaning of “takeover”? Can it be said that every “substantial ac...
Chintamani Finlease Limited is one of the fastest-growing Non-Banking Financial Company (NBFC) for Personal loan in Delhi NCR, business loans, gold loans, loan against property, and car loans. Within a span of 28+ years of operations, it has created a distinct image for itself in the indu...
This is because these NBFCs are considered systemically important, meaning that their failure could significantly impact the financial system.The RBI will identify which NBFCs belong in the upper layer based on certain criteria, such as their asset size, market share, and interconnectedness with ...
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