Tag: NBFC meaning

  • What is NBFC?

    What is NBFC?

    NBFC stands for Non-Banking Financial Company and is highly involved in financial activities such as secured & unsecured loans, marketplace lending,  leasing, hire-purchase, insurance business, investments, information service providers, or other business purposes specified under Section 45-IA Of The RBI Act, 1934 & Companies Act, 2013. NBFCs are different from Commercial & Cooperative Banks and they […]