Capital Market Question:

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What does a company need to do if the issue is greater than Rupees 100 crore?

Capital Market Interview Question
Capital Market Interview Question

Answer:

Reserve bank issue under the denominations, includes the issue of rupees and all the Non Bank Finance Companies (NBFCs) are also come under Reserve Bank of India, and also the need to do the issue which is greater than Rupees 100 crore are subject to the financial standards, which can be reported the requirements which will be considered as fair practice. The company which has to also maintain records and see that the system is robust and can be taken further without any complications.

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