Non-Banking Financial Companies (NBFCs) – Overview Non-Banking Financial Companies (NBFCs) What is an NBFC? A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 2013 (or earlier Companies Act, 1956) engaged in the business of loans, advances, acquisition of stocks, bonds, debentures, or securities. NBFCs provide financial services similar to banks but […]
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