NBFC Vs Nidhi Company Vs Micro-Finance

What is NBFC

An NBFC is defined as the business of loans and advances or acquisition of shares, stocks, debentures, bonds as well as securities whether issued by the government or local authority but excluding such institutions whose principal business is related to agricultural activities, industrial activity or purchase or sale […]

By |2021-07-02T07:21:33+00:00August 31st, 2018|NBFC|

Regulations governing NBFCs in India

INTRODUCTION

Non-Banking Financial Companies (NBFCs) are the financial institutions incorporated under the Companies Act that are the source of providing services of banking to the people of India without having the bank license. It is allowed to accept deposits which are repayable on demand and eligible for foreign investments […]

By |2018-10-25T08:14:05+00:00August 17th, 2018|NBFC|
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