Group items matching
in title, tags, annotations or url![How is an NBFC different from a Bank](http://s3.amazonaws.com/diigo/thumbnail_160/12752086_559856243_42439804.jpg?AWSAccessKeyId=0R7FMW7AXRVCYMAPTPR2&Expires=1724987234&Signature=z7NjSbyEUJKK9B4Rq%2BV0%2BaHud2Q%3D)
How is an NBFC different from a Bank - 0 views
-
corpbiz17 on 28 Jul 20NBFC is a financial institution that caters to the needs of the unorganised sections of the society by providing them loans and advances. They provide services similar to a bank but do not require a banking license for it. NBFCs are regulated under the Companies Act 2013 & RBI Act, 1934 whereas Banks are regulated under the Banking Regulations Act, 1949. Banks do require a valid banking license to continue with its services whereas with NBFC Registration, one has to obtain an NBFC license to continue with services. https://corpbiz.io/NBFC-registration
1 - 7 of 7
Showing 20▼ items per page