A Non-Banking Financial Company (NBFC) in India is a financial institution that provides banking-like services without holding a banking license. Regulated by the Reserve Bank of India (RBI) under the RBI Act, 1934, NBFCs play a critical role in the financial ecosystem by offering credit, asset financing, and investment services, especially in underserved markets.
NBFCs differ from... https://www.compliancecalendar.in/nbfc-company-registration