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#1
5th December 2006, 03:11 AM
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NBFCs can issue credit cards, distribute MFs
NBFCs can issue credit cards, distribute MFs
Non-banking finance companies (NBFCs) with a minimum net-owned fund of Rs 100 crore and a net profit for two years can now distribute mutual funds and issue co-branded credit cards (with commercial banks) with prior approval of RBI. According ... More... Please share your views and post your comments on NBFCs can issue credit cards, distribute MFs below! 
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