NBFC
General
List of NBFcs
NBFC registration provides a diverse range of very specific financial services, except the traditional banking ones. India, unlike any other country in the world, provides licenses for 10 different types of NBFC institutions.
NBFC (Non-Banking Financial Company), as the name suggests is a financial company that is not a bank. To simplify, an NBFC must be a company whose competency is in Finance and thus must be registered under the Companies Act of 1956.
NBFC (Non-Banking Financial Company) is a financial company that is not a bank. To simplify, an NBFC must be a company whose competency is in Finance and thus must be registered under the Companies Act of 1956. The business of this NBFC is to advance loans and deal with the acquisition of market instruments like Shares/bonds/securities etc and other securities of similar nature.
