Many financial entities including fintech that are not easily getting NBFC licenses from the Reserve Bank of India are taking an indirect route to acquire one, by buying out some existing NBFC duly registered with RBI, ideally some entity that is not operational or is a bit player.
This could be the costlier way to obtain NBFC License through the takeover route rather than applying for new registration, which cost approx. ₹10,00000/. The RBI Compliance Advisory at Ozg Lawyers offers an extensive range of services to register, takeover/acquire or sale of NBFCs in all parts of India.
You may WhatsApp at Ozgian 24/7 support chat and also contact us by email: ask@nbfc.in