NON-BANKING FINANCIAL COMPANIES

By,Karthik Bharadwaj1dt15mba15

What is NBFC??What is NBFC??

A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 and is engaged in the business of loans and advances, acquisition of shares/ stock/ bonds/ debentures/ securities issued by Government or local authority or other securities of like marketable nature, leasing, hire-purchase, insurance business, chit business.

NBFC’S V/S BANK’S

TYPES OF NBFC’S 1. Asset Finance Company (AFC)2. Investment Company (IC)3. Loan Company (LC)4. Infrastructure Finance Company (IFC)5. Infrastructure Debt Fund (IDF)6. Non-Banking Financial Company – Factors

(NBFC-Factors)7. Gold Loan NBFCs in India

 LIST OF TOP 5 NBFC’S IN INDIA :

HDFC

Power Finance Corporation

Reliance Capital

 Infrastructure Development Finance Co

Rural Electricity Corp.http://www.stockfry.com/Sector_Watch.asp?a=29#

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