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Core Investment Company

The #reserve #bank of #india #classifies a #core #investment Company (CIC) as a #non Banking #financial #company (NBFC) (RBI). These firms #primarily invest in their own group companies' shares for stake holding #purposes, but they are not permitted to trade these instruments or engage in any other type of financial activity. https://enterslice.com/core-investment-company

Core Investment Company | Registration of CIC-ND-SI - Enterslice
enterslice.com

Core Investment Company | Registration of CIC-ND-SI - Enterslice

Register Core Investment Company with rbi guidelines by Enterslice. CIC are limited companies holding equity shares, preference shares or debentures in other group companies.