An NBFC (Non-Banking Financial Company) is a financial institution that provides various services, such as loans, credit, investments, and asset management, without holding a banking license. Unlike traditional banks, NBFCs cannot accept demand deposits, such as savings or current accounts.
Navigating the complexities of the NBFC application process has become significantly more efficient, opening new opportunities for entrepreneurs and businesses to enter the thriving financial sector.
Non-Banking Financial Companies (NBFCs) play a crucial role in India's financial ecosystem by offering a wide range of financial services, including loans, investments, and asset management, without holding a banking license.
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