NBFC Company

An NBFC (Non-Banking Financial Company) is a type of financial institution that is registered under the Companies Act, 2013 & regulated by the Reserve Bank of India (RBI). NBFCs perform financial activities such as lending, investment, asset financing, and insurance.The registration process involves fulfilling certain eligibility criteria, such as having a minimum net owned fund (NOF), and submitting the application form along with the required documents. However, unlike banks, NBFCs are not authorized to accept deposits from the public.