Different type of NBFC in India | Various Types of NBFC

Different type of NBFC in India | Various Types of NBFC (Recently Introduced by RBI)

NBFC stands for Non-Banking Financial Company NBFC’s are institutions generally engaged in offering loans for homes, vehicle, machinery etc. Generally it classified as companies offering loans | acquisition of shares and advances majorly involve in stocks | debentures | bonds | marketable securities or securities issued by Government or local authority or of a similar nature | hire purchase | leasing | insurance business | chit business etc. RBI Update: Reserve Bank of India on 22nd February 2019 issued a notification on Synchronization of the Non-Banking Financial Companies (NBFCs) Categories”. As per the circular RBI has merged 3 categories of NBFCs into one, going forward Asset Finance Company (AFC), Investment Company (IC) and Loan Companies(LC) will be merged to Investment and Credit Company (NBFC-ICC).

2025-08-04640Shamshad Alam

Different type of NBFC in India | Various Types of NBFC (Recently Introduced by RBI)

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Shamshad Alam

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Experienced Digital Marketer with a demonstrated history of working in the Internet industry. He likes to write about the latest technology trends, Skilled in Digital Marketing likes. Search Engine Optimization, SMO, SEM, PPC, Content Writing, and, Designing, etc.

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