Legal Question in Banking Law in India
If a non banking financial company( not eligible to accept public deposit) increases its authorised capital, do it need to intimate that to reserve bank of india???
Asked on 4/03/13, 4:42 am
3 Answers from Attorneys
J. Radhakrishnan
independent Practice
yes. Any change in its shareholding pattern has to be intimated to RBI
Answered on 4/03/13, 12:20 pm
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