Issue of rupees under the denominations
If the issue is greater than Rupees 100 crore what does a company needs to do?
Expert
Reserve bank issue under the denominations, consists of the issue of rupees and all the Non Bank Finance Companies (or NBFCs) are as well come under Reserve Bank of India, and also the require to do the issue that is greater than Rupees 100 crore are subject to the financial standards, that can be reported the requirements that will be considered as fair practice. The company that has to also maintain records and see that the system is stout and can be taken more without any difficulties.
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