Nissan Renault Financial Services India Private Limited ("NRFSI") was incorporated under the Companies Act, 1956 on 17th October 2013, as a subsidiary of Nissan International Holding B.V., Netherlands. 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%)
NRFSI is engaged in the business of financing vehicle as captive financier in India for Nissan, Renault & Datsun brand cars by extending retail credit and dealer financing and other allied businesses.
The Company's Board of Directors comprises eminent personalities in the field of finance.