Business Studies, asked by Adinarayana5001, 11 months ago

What are Non-Banking Finance companies? Spell out in detail the regulatory framework for the Non-Banking Finance companies.

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Answered by Anonymous
0

Generally, these institutions are not allowed to take deposits from the public, which keeps them outside the scope of traditional oversight required under banking regulations. NBFCs can offer banking services such as loans and credit facilities, retirement planning, money markets, underwriting and merger activities.

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