by admin | Dec 23, 2019 | NBFC
About NBFC MFI Microfinance institutions or MFIs are financial institutions that provide loans and other financial services to poorer sections of society. Usually, their area of operations of extending small loans are rural areas and among low-income people in urban...
by admin | Dec 23, 2019 | NBFC
Loans have become essential to our lives. Whether we use it for business, buy some expensive products or property, or even for further wealth creation. Very few people can withstand unpredictable stages in life without worrying about a loan. Those businesses die or...
by admin | Dec 23, 2019 | NBFC
Non Banking Financial Companies (NBFCs) are financial institutions, other than the Cooperative and Commercial Banks, which provide a variety of financial and non-financial services to individuals, business enterprises, entrepreneurs, etc. They are not required to hold...
by admin | Dec 23, 2019 | NBFC
Earlier, retail as well as institutional borrowers had to borrow from banks, with nowhere else to go. Therefore NBFCs were set up. Non-Banking Financial Companies (NBFCs) are, as the name suggests, non-banking institutions in India. They are allowed to provide loans...
by admin | Dec 23, 2019 | NBFC
NBFC Full Form As per the Companies Act 2013, Non Banking Financial Company or NBFC full form means that type of company which is involved in the business of receiving Loans and Credit Facilities, Acquisition of Bonds/Stocks/Shares, Hire-Purchase, Leasing, Assets...
