5 resources from rbi.org.in we point founders to, and the questions each answers.
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The RBI rule every bank follows when it opens a business account: the documents for a proprietary firm, a company, an LLP and a partnership, which is why every bank asks for roughly the same papers.
From
rbi.org.inby Reserve Bank of IndiaRegulation (updated August 2025)
A proprietary firm needs any two proofs of business in its name, such as the Udyam certificate, a Shop and Establishment licence, a GST certificate or utility bills.
A bank may accept only one such document if it verifies the business at your address.
For a company the bank must collect the certificate of incorporation, MOA and AOA, PAN and a board resolution.
The RBI's own FAQ on NBFCs, updated September 2026: no company may carry on NBFC business without a Certificate of Registration and net owned funds of Rs 10 crore (Rs 2 crore for P2P lenders and account aggregators), and applications go through the PRAVAAH portal.
The RBI's rules on how much a resident individual can send abroad: up to USD 250,000 a financial year under the Liberalised Remittance Scheme, with overseas direct investment governed by the Foreign Exchange Management (Overseas Investment) Rules, Regulations and Directions, 2022.
The RBI's 2012 guidelines that let non-bank companies, authorised by the RBI, set up and run ATMs. Only these white label operators can put an ATM in your shop; an individual cannot own one.
The RBI's own rules for every card issued in India, including the definitions that separate a business credit card from a corporate card and who is liable for each. Read the definitions and the business-card clause to know what you are signing.
