Loan from NBFC company

[kamal mall]

Dear Sir,

Whether a NBFC company (non deposit taking) can take Inter corporate deposit (ICD). And if yes then what the ceiling limit of interest?

AI Summary

Can a Non-Deposit Taking NBFC Accept Inter-Corporate Deposits? Exploring Interest Ceiling Limits A user inquired about whether a non-banking financial company (NBFC) that does not accept deposits can take inter-corporate deposits (ICD) and, if permissible, what the ceiling limit on interest would be. The sole reply asked if the user had received clarification on the issue, suggesting further assistance if needed.