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Non-Banking Financial Companies & Nidhi Company both are NBFCs. One need approval from RBI (Reserve Bank of India) and one doesn't required. If you want to avail NBFC License than contact Swarit Advisiros.
types of NBFCs? The different types of NBFCs: Asset Finance Company. Loan Company. Mortgage Guarantee Company. Investment Company. Core Investment Company. Infrastructure Finance Company. Micro Finance Company. Housing Finance Company.
The Nidhi company must be registered as a Public Limited Company, under the Companies Act, 2013. This essentially means that there are at least 3 Directors and 7 Shareholders. Further, its MoA (Memorandum of Association) must state that the main objective of the proposed company is to promote thriftiness and a habit of savings among its members.
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