Requirement of registration as nbfc

RAJEEV (CA Articleship) (87 Points)

12 February 2016  

Dear Sir,

I am running a business of lending my own funds to public for interest.

My questions are:

1. In what form can I run it? (sole proprietor/Partnership/Private Limited Company)

2. Do I need to get NBFC approval compulsorily?

3.What are the other registrations need to be done by me?

 

Thanks in advance.