Aryaman Finance Gets RBI NBFC Registration Certificate
Why in the news
In December 2025 Aryaman Finance (India) Limited (AFIL), a wholly owned subsidiary of Aryaman Financial Services Limited (AFSL), obtained RBI registration to function as an NBFC.
Key facts
- Legal basis: Section 45-IA, RBI Act, 1934, which makes registration compulsory for NBFCs.
- Category: Type-II NBFC-ND-ICC, meaning a non-deposit-taking Investment and Credit Company.
- It cannot accept public deposits.
- Allowed: loans and advances, investments in securities and credit-related services, under RBI prudential and governance norms.
About the parent (AFSL)
- A SEBI-registered Category-I Merchant Banker.
- Works on IPOs, FPOs and rights issues, PIPE, venture capital funding and other fund raising.
- The NBFC arm brings diversification beyond capital markets.
Exam angle
- CoR = Certificate of Registration; ICC = Investment and Credit Company.
- Section 45-IA of RBI Act governs NBFC registration.