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Acceptance of Fixed deposit by Registered Firm

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 November 2010 Hi

whether a Registered firm, doing the business of Financing Tractor, shall accept Fixed deposits ?

what are the NBFC guidliens applicable for this ??
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
10 November 2010 Firms are not guided by public deposit rules and hence can accept fixed deposits from public.

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