English, asked by ramyasampath238, 2 months ago

explain the role of nbfc in capital Market

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Answered by gudalatejesh

Answer:

NBFCs are financial intermediaries engaged in the business of accepting deposits delivering credit and play an important role in channelizing the scarce financial resources to capital formation. ... In India, despite being different from banks, NBFC are bound by the Indian banking industry rules and regulations.

Answered by Anonymous

Answer:

NBFCs are financial intermediaries engaged in the business of accepting deposits delivering credit and play an important role in channelizing the scarce financial resources to capital formation. In India, despite being different from banks, NBFC are bound by the Indian banking industry rules and regulations.

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