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This document provides an overview of non-banking financial institutions (NBFCs) in India. It defines NBFCs as non-banking companies that are registered under the Companies Act of 1956 and are engaged in financial activities such as loans, acquisitions, leasing, and insurance, but not banking. NBFCs play an important role by providing financial services to rural and underserved areas not reached by banks. The document outlines various types of NBFCs and their functions, which include financial intermediatio

Author

Priyanka Bhati

Language

EN