Non-Banking Financial Company - NBFC
- Non-Banking Financial Company - NBFC
- Non-banking financial companies, or NBFCs, are financial institutions that provide banking services, but do not hold a banking license. These institutions are not allowed to take deposits from the public. Nonetheless, all operations of these institutions are still covered under banking regulations.
NBFCs do offer all sorts of banking services, such as loans and credit facilities, retirement planning, money markets, underwriting, and merger activites. The number of non-banking financial companies has expanded greatly in the last several years as venture capital companies, retail and industrial companies have entered the lending business.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
Non-banking financial company — Non bank financial companies (NBFCs) are financial institutions that provide banking services without meeting the legal definition of a bank, i.e. one that does not hold a banking license. These institutions are not allowed to take deposits from… … Wikipedia
NBFC & MFI in India — A Non Banking Financial Company (NBFC) is [1]a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, acquisition of shares, stock, bondsire purchase, insurance business, or chit business: but… … Wikipedia
Larsen and Toubro Infrastructure Finance Company Limited — L T Infrastructure Finance Company Limited (LT Infra) [http://www.ltinfra.com] is a wholly owned subsidiary of Larsen Toubro Limited. LT Infra is a Non Banking Financial Company (NBFC) registered under Reserve Bank of India (RBI) Act 1934. The… … Wikipedia
Mahindra & Mahindra Financial Services Limited — महिन्द्रा एंड महिन्द्रा फायनांशियल सर्विसेस लिमिटेड Type Public Traded as NSE: … Wikipedia
Reliance Capital — Limited (RCL) is a Non Banking Financial Company (NBFC) registered with the Reserve Bank of India under section 45 IA of the Reserve Bank of India Act, 1934. RCL was incorporated as a public limited company in 1986 and is now listed on the Bombay … Wikipedia
Larsen & Toubro — Infobox Company company name = LARSEN TOUBRO LIMITED company company type = Public Company, Listed on BSE and NSE company slogan = foundation = Mumbai, India (1938) founder = Henning Holck Larsen Soren Kristian Toubro location = Mumbai, India key … Wikipedia
Manappuram General Finance and Leasing Ltd — Manappuram Finance Limited Type Private BSE Industry Non banking financial company (NBFC) Founded 1949 Headquarters Valappad, Thrissur, Kerala, India Key people … Wikipedia
Deposit-taking co-operative — Deposit taking co operatives were a form of non banking financial company (NBFC) in Malaysia. They were key to the economic and political interests of Malaysian Chinese, but some became insolvent which led to a run on banks in 1986.[1] The… … Wikipedia
Muthoot — Type Private Conglomerate Industry Finance Hotels Resorts Information technology Broadcast Media Healthcare Education … Wikipedia
