a) What is the difference between banking and non banking compames?
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Bank is a government entitled financial intermediary which aims to provide banking services to customers. NBFC is a company which provides services similar to banking services to people without holding a bank license. A bank is registered under banking regulation act, 1949.
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Bank is a government entitled financial intermediary which aims to provide banking services to customers. NBFC is a company which provides services similar to banking services to people without holding a bank license. A bank is registered under banking regulation act, 1949.
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