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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 dominant type of soil in Hadoti region is -
Which of the following bank launched the Healthlife scheme with Apollo Hospitals?
In which of the following writs does the court enquire into the legality of the claim, which a party asserts to a public office and ousts him from its e...
What is the primary objective of the Assam Tourism Development and Registration Bill 2024, recently approved by the Assam cabinet?
Which new genus of jumping spiders, discovered in October 2024 in South India, was named ?
Who amongst the following is not a Lawn Tennis Player?
Which of the following cultural festivals of South India is associated with the folklore of King Mahabali?
Consider the following statements:
A) Judicial decisions are bound by precedent in common law, whereas quasi-judicial decisions are generally not...
How Many States in India have a Bicameral Legislature?
Baburnama, the autobiography of Babur, was composed in______.