Tag Archives: NBFC Definition

Demystifying NBFC : Understanding the Meaning and Key Activities

What is a Non-Banking Financial Company (NBFC) A Non-Banking Financial Company (NBFC) is a type of financial institution that provides financial services similar to traditional banks but does not hold a full banking license. NBFCs are regulated by financial regulatory authorities in their respective countries. Here are some key characteristics of NBFCs: 1. Financial Services: […]