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 […]