Sekar 07 November 2016

Business of advancing loans

Is any permission required from RBI to do business mainly of advancing loans to public, If so under what section - kindly inform

adv.bharat @ PUNE (Lawyer) 07 November 2016

Sekher for loand advnacing business you need to take permission from RBI.

That depede up on how much is share capital of your business, Place of business, No of offices etc.

If u give private message i will let u know about it.

Will u give THANKS on my LCI profile for this free advice?