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What is NBFC?

Saturday, January 19, 2019, 7:31 PM

A Non Banking Financial Company or NBFC is a company that is registered under the Companies Act 2013 or 1956, which is engaged in the business of Loans and Advances, equities, debentures or securities issued by the government or any local authority or other marketable securities of like nature such as leasing, hire-purchase, insurance business, chit business and so on.

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