NBFC Regulation
Overview of NBFC
A Non-Banking Financial Company (NBFC) is a financial institution. It carries on businesses under the Companies Act 2013 like:-
- receiving personal loans and advances,
- Acquisition of stocks or shares,
- Leasing,
- Hire-purchase,
- Insurance business, and
- chit fund business.
In India, the authority to control the NBFC registration is with the […]