Question

What is non banking financial Institution?
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Answer 1

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Anonbank financial institution (NBFI) is a financial institution that does not have a full banking license and cannot accept deposits from the public. Examples of nonbank financial institutions include insurance firms, venture capitalists, currency exchanges, some microloan organizations, and pawn shops.

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Answer 2

Answer:

Anonbank financial institution (NBFI) is a financial institution that does not have a full banking license and cannot accept deposits from the public. ... Examples of nonbank financial institutions include insurance firms, venture capitalists, currency exchanges, some microloan organizations, and pawn shops

Explanation:

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