To watch full video click on the link below- https://youtu.be/C7SkShIESa0 NBFC are institutions or entities that provide financial / banking services but do not hold banking license. These entities are registered under Companies Act. Provides banking services like facilitating loan, financial advisory, wealth management, investment, leasing, underwriting, merger activities, general insurance etc. Cannot accept demand deposits i.e. Current A/c and Saving A/c. Examples – Bajaj Finserv, Muthoot Finance Ltd, IL&FS, Aditya Birla Finance Ltd. Etc. Also referred as Shadow banking system Thank You For Watching Subscribe to DevTech Finance

1. DEVTECH FINANCE
WHAT IS NBFC ?
NON-BANKING
FINANCIAL
COMPANIES
NBFC VS BANK
EXAMPLES

2. NON-BANKING FINANCIAL COMPANIES
 NBFC are institutions or entities that provide financial / banking services but
do not hold banking license.
 These entities are registered under Companies Act.
 Provides banking services like facilitating loan, financial advisory, wealth
management, investment, leasing, underwriting, merger activities, general
insurance etc.
 Cannot accept demand deposits i.e. Current A/c and Saving A/c.
 Examples – Bajaj Finserv, Muthoot Finance Ltd, IL&FS, Aditya Birla Finance
Ltd. Etc.
 Also referred as Shadow banking system

3. NBFC VS BANK
NBFC
• Registered under Companies
Act
• Do not hold banking license
• Cannot accept demand
deposits
• No requirement of lending to
priority sector
• Do not form part of payment
and settlement system
BANK
• Registered under RBI Act and
Banking Regulation Act
• Holds banking license
• Can accept all type of deposits
• Priority sector lending
mandatory
• Payment and Settlement
system like NEFT,RTGS are
included

4. THANK YOU FOR WATCHING
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FINANCE