The Reserve Bank of India (RBI) on April 10, 2023, simplified the application process for the registration of Core Investment Companies.
Accordingly, the application form has been revamped to structure and align with the extant CIC regulations. Also, the number of documents to be furnished along with the application form has been reduced to 18 from the existing set of 52 documents to make the registration process user-friendly.
The revised application form and an indicative list of documents/information to be furnished along with the application has been uploaded on the RBI website. It may be noted that the documents to be furnished along with the application are indicative and not exhaustive.
[Press Release: 2023-2024/44]
