DOC-003 · Principal Business Criteria Note

Purpose, Benefit & Risk Coverage

Purpose

Explain and evidence the 50-50 principal business criteria (asset-income test) and the company's NBFC classification.

Benefit

Demonstrable, auditor-signed evidence that the company qualifies as an NBFC under RBI principal business norms.

Risk Coverage

Mis-classification, loss of NBFC status, deemed-NBFC exposure and adverse audit qualification.

Responsibility Matrix

Department

Operations

Responsible Roles

Operations Head · Document Controller

Approval Authority

CFO / Audit Committee

Reviewers

Statutory Auditor · Compliance Officer

Statutory Basis

RBI Press Release 1998-99/1269 — Principal Business Criteria for NBFCs.

Required Attachments

Audited balance sheet · Auditor's certificate (50-50 test)

Missing Data Action Register

BBAI suggestions use this document's type, evidence, mapped roles, dates, approvals and compliance linkage.

Field: Financial year

Field: Total assets

Field: Financial assets

Field: Gross income

Field: Financial income

Evidence: Audited balance sheet

Evidence: Auditor's certificate (50-50 test)

Missing file

Missing date

Missing signatory

Missing supporting material

Document-specific Risk Coverage

Principal business criteria mismatch risk
Classification evidence risk

Generate Draft

10 missing inputs

Company Name *Required for the controlled document output.CIN *Required for the controlled document output.Registered Office *Required for the controlled document output.Authorised Signatory *Required for the controlled document output.Effective Date *Required for the controlled document output.Reference NumberOptional supporting information.Internal RemarksOptional supporting information.Financial year *Required for the controlled document output.Total assets *Required for the controlled document output.Financial assets *Required for the controlled document output.Gross income *Required for the controlled document output.Financial income *Required for the controlled document output.

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