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Dual regulation by SEBI/RBI

ashroff - Member Since: Jun 2010
Subject - Dual regulation by SEBI/RBI
My company is an NBFC - non deposit taking - non systemically important. It has applied for a Portfolio Management Licence to SEBI. It is also not an exempted category of NBFCs like merchant banker or broker etc. Can an NBFC be dually regulated by RBI as well as SEBI? Do I need to surrender my NBFC registration?


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