NBFCs will have to go through the registration process under
the Act. NBFC's financial services are under its wing. The financial services
that NBFCs provide are asset financing, acquisition of shares, bonds,
debentures, securities and stocks, lending as well as advances and investments
in various commercial securities. The NBFC is not only limited to the points
mentioned earlier, but also extends to providing credit facility and working
capital loans.... Continue Reading
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