What are Benefits of Forming a Core Investment Company
August 29, 2024 ⚊ 1 Min read ⚊ Views 45 ⚊ BUSINESS
Forming a Core Investment Company (CIC) allows an entity to carry out various forms of investments, including shares, equity, and loans. By complying with Reserve Bank of India (RBI) norms, a CIC operates within a regulated framework, ensuring that all financial activities are in line with national guidelines. This compliance not only enhances the company’s credibility but also aligns it with potential upcoming regulations as RBI considers introducing specific rules for CICs in India. Additionally, a Systematic Core Investment Company, with an asset size exceeding Rs 100 Crore, is recognized as a significant player in the financial sector, offering more stability and strategic investment opportunities. Forming a CIC can thus be a strategic move for entities looking to invest systematically while adhering to RBI’s regulatory requirements.
