Current Affairs - Finance - Discussion
Discussion Forum : Finance - Latest Current Affairs (Q.No. 1)
1.
Which company received RBI registration as a Type II Non-Banking Financial Institution, enabling its parent to expand into lending and credit activities?
Answer: Option
Explanation:
Aryaman Finance Ltd is the entity that obtained registration from the Reserve Bank of India on December 24, 2025, as a Type II Non-Banking Financial Institution, classified as a non-deposit taking Investment and Credit Company. This regulatory approval allows the company to legally operate in the lending and credit space. With this development, the parent company, Aryaman Financial Services Ltd, gains the ability to diversify its business operations beyond merchant banking. The RBI license is significant because it marks a strategic expansion into regulated financial activities, strengthening the group’s overall financial services portfolio.
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