Q. 2. What are non Banking Assets?
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A non-banking financial institution (NBFI) or non-bank financial company (NBFC) is a financial institution that does not have a full banking license or is not supervised by a national or international banking regulatory agency..
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hii mate... A non-financial asset is an asset with a physical value, such as real estate, equipment, machinery, or a vehicle. A financial asset, on the other hand, is an asset that has value based on a contractual claim, rather than a physical net worth, such as stocks, bonds and bank deposits.
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