NBFC (Non Banking Financial Company)
N.B.F.C N.B.F.C means Non Banking Financial Companies. N.B.F,C plays an important role in Economy of India. It play Important role regarding lending in economy. After Bank N.B.F.C play important role in India. What is an N.B.F.C? N.B.F.C are financial institutions that perform banking function but don't have Banking License. It do the work of banking like lending, etc.. N.B.F.C are supervised by the R.B.I. with rules and regulation. Key Function of N.B.F.C. 1) Providing Loans - N.B.F.C Provide different loans like Gold Loan, Mortgage loan, secured and unsecured loan etc. It provides easily loan to individual and Business. 2 ) Wealth Managemen t- N.B.F.C provide wealth management in the form of managing mutual fund, F.D. R.D, S.I.P etc. 3)Asset Loan s- N.B.F.C provide loans like asset loan like Vehicle Loan, Gold Loan etc. 4 ) Microfinance - Some N.B.F.C provide small loan to individual, small business,. It he...