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A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business but does not include any institution whose principal business is that of agriculture activity, industrial activity, purchase or sale of any goods (other than securities) or providing any services and sale/purchase/construction of immovable property. NBFCs will be classified into four categories – base, middle, upper and top layers. The regulatory structure for NBFCs comprises four layers based on their size, activity, and perceived riskiness. The Reserve Bank of India (RBI) has aligned provisioning norms for standard assets of large non-banking financial companies with that for commercial banks.
What characteristic makes metals good conductors of electricity?
In the atmosphere ultraviolet rays are absorbed by –
Which of the following statements about magnetic field lines is correct?
During __________ motion of an object along a straight line, the change in velocity of the object for any time interval is zero.
What is the SI unit for measuring speed?
What is the SI unit of power?
What type of image is always formed by a convex mirror?
The hair of shaving brush clings together when removed from water due to –
The Mud festival ‘Chikhal Kalo’ is celebrated in which state?
How does an earphone convert electrical signals into sound?
