Section 8 Microfinance को कब RBI LICENSE लेना है?

This comprehensive guide provides a clear explanation of when a Section 8 Microfinance organization in India must apply for an RBI (Reserve Bank of India) license. It covers the essential criteria and regulations for microfinance institutions (MFIs) operating under the Section 8 framework, which allows non-profit entities to lend and provide financial services to underserved communities. Understanding the regulatory requirements, including the mandatory RBI registration for lending activities, is crucial for ensuring compliance, maintaining transparency, and building trust with donors and borrowers. This guide also explains how obtaining an RBI license ensures that the organization follows legal norms and supports its mission of empowering the financially excluded sections of society through micro-lending.
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