NBFC – Core Investment Companies

Questions › Category: CA-Final NBFCs › NBFC – Core Investment Companies

Prabhjit Kaur Matharoo asked 3 years ago

Sir, please explain what is the basic aim behind forming a Core Investment Co. (NBFC) for a group of Companies.
Thank You

2 Answers

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Santosh Choudhary answered 3 years ago

Hello 🙂
After audit paper, ravi sir has been traveling for past few days, once he is back he will answer your queries.
Till then please be patient.
Thanks 🙂

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Ravi Staff answered 3 years ago

To raise finance for a business houses at one place and then give it to group companies.
like tata , reliance, adani, etc