All About NBFC Loan Company

Non-Banking Financial Company (NBFC) Loan Company is regulated by the Reserve Bank of India and Section 45-I (f) of RBI Act, 1934 defines NBFC as a Financial Institution which is a company having Principal Business related to the receiving of deposits, under any scheme or arrangement or in any other manner, or lending in any manner. The Reserve Bank of India prescribes rules & regulations from time to time for NBFCs in India.

Classification

• Deposit Taking NBFCs (NBFC-D)
• Non-Deposit Taking NBFCs (NBFC-ND)
• Systematically Important NBFCs (NBFC-ND-SI)

NBFC Types

• Investment and Credit Company (NBFC-ICC)
• Infrastructure Finance Company (NBFC-IFC)
• Systematically Important Core Investment Company (NBFC CIC-ND-SI)
• Infrastructure Debt Fund (NBFC-IDF)
• Micro Finance Institution (NBFC-MFI)
• NBFC- Factor

All About NBFC Loan Company

• NBFC Loan Company

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