A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business but does not include any institution whose principal business is that of agriculture activity, industrial activity, purchase or sale of any goods (other than securities) or providing any services and sale/purchase/construction of immovable property. NBFCs will be classified into four categories – base, middle, upper and top layers. The regulatory structure for NBFCs comprises four layers based on their size, activity, and perceived riskiness. The Reserve Bank of India (RBI) has aligned provisioning norms for standard assets of large non-banking financial companies with that for commercial banks.
The state reeling for an agrarian crisis following famers’ agitation has approved a subsidy on electricity tariff to farmers
The prime minister paid tributes to the martyrs by laying a circular arrangement of flowers.
Passer-by are often curious to see a Western face behind the waffle irons, and he sells hundreds of waffles aday.
If you haven't studied law, representing yourself in court is like bringing a chair to a gunfight .
In the questions, a part of the sentence is highlighted. Below are given alternatives to the highlighted part which may improve the sentence. Choose ...
He was released from the hospital yesterday.
With incredible sleep quality, the boutique hotel boast of a thermal pool with hydro massage sitting area.
Bad jokes, like bad cinema, are best ignored and not put down with violence .
The majority of patients today using of facilities created mostly by for-profit urban hospitals.
The expensive nature of online teaching looked a large number of underprivileged children out of the education system.
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