Start learning 50% faster. Sign in now
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 segregation is based on the liabilities and assets an NBFC has and the kind of activities it has been engaged in.
LIC Cards has partnered with IDFC FIRST Bank and which other company to launch an exclusive co-branded credit card to meet the dynamic financial needs o...
Consider the following statements with respect to the data provided by the Department for Promotion of Industry and Internal Trade regarding the FDI flo...
_______has launched a multi- phase ‘ Operation Garuda’ against an illicit drug trafficking network?
Which Indian town, established by Rabindranath Tagore and known as the "abode of peace," has been included in UNESCO's World Heritage List?
India’s first vaccine to prevent Lumpy Disease was developed by which of the following Institute?
A Multi Asset Allocation Fund is set to be launched that will bet on a mix of asset classes like domestic equities, international stocks, debt instrumen...
PM Narendra Modi inaugurated the Prime Minister's museum dedicated to all the PM’s of different countries, in which part of India it is being inau...
To transform the rural credit delivery system, the Reserve Bank of India has decided to launch pilot projects to digitise Kisan Credit Card (KCC) in whi...
As for the Centre’s capex, it has budgeted for Rs 7.5 trillion in FY23. This includes the Rs. 1.0 trillion interest-free loan to be provided to state ...
Which general insurance company has set up two women-only branches in Ludhiana and Jaipur?