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    Showing posts with label RBI. Show all posts
    Showing posts with label RBI. Show all posts

    Saturday, 16 September 2017

    Leasing and Hire Purchase Business

    To carry on the business of a leasing company, hire purchase company, finance company to undertaken all types of leasing and hire purchase business relating to all kinds of machinery, plant, equipment, ships, vehicles, aircraft, rolling stock, factories, movable and immovable property, to arrange or syndicate leasing or hire purchase business, to undertake bill discounting business, to purchase, finance discount, re discount bills of exchange ,to act as a discount and acceptance house to arrange acceptance or co-acceptance of bills, to carry on the business or financiers, lessors and hire purchase of all kinds of property, lending or advancing money on the security of movable or immovable property, legal claims, choose in action or other rights and assets to business undertaking and industries to carry on the business of managers, advisers, consultants to be public issues, merchant banking, portfolio management, bill discounting, underwriting, sub underwriting and other related services. 

    Housing Finance Business

    To carry on the business of providing long term finance to any person or persons, company or corporation, society or association enabling such borrower to construct or purchase a house or flat for residential purposes, upon such security and such terms and conditions as the company may deem fit AND to also provide long term finance to persons engaged in the business of construction of houses or flats for residential purpose to be sold by them by way of hire purchase or on deferred payment or other similar basis upon such terms and conditions as the Company may think fit and proper.  

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