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Page-6 of Archives: January, 2011

What are types of NBFCs?

Previously there were 3 types of NBFC’s classified by reserve bank of India: Asset Finance Company (AFC) Investment Company (IC) Loan Company (LC) Which is 4th Category? NBFCs...

January 1, 2011

Differences Between NBFCs and Banks

Non-Banking Financial Companies (NBFCs) perform functions similar to banks, mainly lending and investment, but they differ from banks in several fundamental ways. These differences arise from the distinct...

January 1, 2011

What is an NBFC?

NBFC or Non Banking Financial Companies is a company in India, which is registered under the Companies Act, 1956, and which provides banking services without meeting the legal...

January 1, 2011

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