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NBFC Registration in India

3 years ago

ID: #708924

Listed In : Business & Services

Business Description

NBFC Registration Nonbanking financial company are those companies that are registered under the company's activities and are engaged in the business of loans and advance acquisition of shares/bonds/debentures and which are issued by the government or any other local authority under the government. It also includes such kind of companies which are dealing with hire purchase, insurance business, chit business. The registration of NBFC is very important for the regulation of the capital and money market and also to protect the interest of the depositors.

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