In India Banking Company Business is under strict control of the Reserve Bank of India. The initial cost and margin money requirement are much higher. Big Industrial houses should not sponsor the bank. A Non Banking Financial Company (NBFC) can apply for setting up of bank. NBFC should be acquired credit rating of not less than AAA.
Minimum initial capital Requirement of a Bank is Rs. 200 Crores (Approx. US$ 4,00,00,000) and the capital should be raised to Rs. 300 crores (Approx US$ 6,00,00,000) within 3 years of Commencement of business.
The startup cost including rent of office space, Vehicles, staff, computers, software and Equipments and furniture
Commercial Complexes & Business Centers
Rs. 500,00,00,000/- (Approx.
Semi Urban Areas
Commercial Complexes & Business
Rs. 450,00,00,000/- (Approx.
Rs. 400,00,00,000/- (Approx. US$ 8,00,00,000)
Human Resources Business
Health Care Business
Industrial Goods Business
Business of Jobs
Office Management Business
Real Estate Business
Sales & Marketing Business
Transportation & Logistics