Authorized Capital will be 10lacs and businee object is giving loans on security basis.
what kind of form of business it will be incorporated?
2 Replies
Harish choursiya
(Student cs professional )
(249 Points)
Replied 22 May 2020
There are various mode of doing business for giving loan or engaging in financial sector subject to sectoral regulation like RBI
Company in Form of small finance bank, NBFC or payment bank etc.
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