Checklist for Takeover of NBFC in India

There is an increasing demand for credit across corporate and industrial sectors. Unlike conventional institutions and banks, NBFCs play a more commendable role in upholding this demand with easy credit facilitations. Many businesses plunge into the NBFC regime owing to tremendous growth opportunities but often fail due to stringent RBI processes and norms. Those who experienced such inconvenience can leverage NBFC takeover, which signifies acquiring an already registered NBFC. Legalities around NBFC takeover have been simplified by the Reserve Bank in the past few years. This article covers a comprehensive NBFC takeover checklist, leading to seamless business transactions.

Connect with Adviso, if you seek top-tier professional advice on the takeover endeavors. Our seasoned professionals will help you navigate the intricate compliance landscape with ease, leading to a successful business transaction.