Nissan Renault Financial Servicies India (NRFSI)

Nissan Renault Financial Services India Private Limited ("NRFSI") was incorporated on 17th October 2013, as a subsidiary of Nissan International Holding B.V., Netherlands. NRFSI was incorporated as a Joint venture between Nissan International Holding B.V and RCI Banque SA. The Company has been set up to undertake business of automotive finance in India for Nissan and Renault vehicles.

The Company also obtained the Certificate of Registration under Section 45IA of the RBI Act, 1934 from the Reserve Bank of India to commence the business as a Non Deposit Taking Non-Banking Financial Company (ND - NBFC). By virtue of ramp up of its business operations now, NRFSI is categorised as Systematically Important Non - Deposit taking Non - Banking Financial Company (SI – ND – NBFC)Shareholding pattern of NRFSI is as follows :

NRFSI is a joint-venture between Nissan (70%) and Renault (30%)