English, asked by jsaisyamala537, 2 months ago

explain
NBFC in India

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Answered by barirah86
0

Answer:

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

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