by admin | Nov 29, 2019 | NBFC
Section 45I of the Reserve Bank of India Act, 1934 states NBFC meaning as – a Non-Banking Financial Institution which is a company, and which has as its principal business the lending in any manner, or receiving of deposits – under any scheme or arrangement, or in any...
by admin | Nov 29, 2019 | NBFC
NBFC Definition As per the Companies Act 2013, Non-Banking Financial Company or NBFC is a type of company engaged in the business of receiving Loans and Credit Facilities, Acquisition of Bonds, Stocks or Shares, Hire-Purchase, Leasing, Insurance, Assets Financing,...
by admin | Nov 29, 2019 | NBFC
About NBFCs The banking sector all over the world constitutes a large number of financial operations such as deposits, loans, etc. Most nations have a centralized bank to regulate all the banks operating in that nation. There are various types of financial...
by admin | Nov 21, 2019 | NBFC
Our Reserve Bank of India has been entrusted with the responsibility of supervising and controlling the Non-Banking Financial companies. Such financial institution, also commonly known as the NBFC come under the purview of RBI Regulation. NBFC is a company...
