An NBFC is a non-banking financial company registered under the Companies Act of 1956 that is engaged in financial activities like lending, investment, and acquisition but not banking. There are different types of NBFCs including asset finance companies, investment companies, loan companies, infrastructure finance companies, and NBFC factors. Some of the largest NBFCs in India are HDFC, Power Finance Corporation, Reliance Capital, Infrastructure Development Finance Co, and Rural Electricity Corp.

1. NON-BANKING FINANCIAL
COMPANIES
By,
Karthik Bharadwaj
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2. What is NBFC??What is NBFC??
A Non-Banking Financial Company (NBFC) is a
company registered under the Companies Act, 1956
and is engaged in the business of loans and advances,
acquisition of shares/ stock/ bonds/ debentures/
securities issued by Government or local authority or
other securities of like marketable nature, leasing,
hire-purchase, insurance business, chit business.

3. NBFC’S V/S BANK’S

4. TYPES OF NBFC’S
1. Asset Finance Company (AFC)
2. Investment Company (IC)
3. Loan Company (LC)
4. Infrastructure Finance Company (IFC)
5. Infrastructure Debt Fund (IDF)
6. Non-Banking Financial Company – Factors
(NBFC-Factors)
7. Gold Loan NBFCs in India

5. LIST OF TOP 5 NBFC’S IN
INDIA :
 HDFC
 Power Finance Corporation
 Reliance Capital
 Infrastructure Development Finance Co
 Rural Electricity Corp.
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