Non-Banking Financial Company — a company registered under the Companies Act and RBI Act that provides financial services similar to banks but cannot accept demand deposits. Regulated by RBI. Examples: Bajaj Finance, Muthoot Finance.
Last updated: 17 May 2026
Non-Banking Financial Company — a company registered under the Companies Act and RBI Act that provides financial services similar to banks but cannot accept demand deposits. Regulated by RBI. Examples: Bajaj Finance, Muthoot Finance.
NBFC is significant under RBI because it refers to: Non-Banking Financial Company — a company registered under the Companies Act and RBI Act that provides financial services similar to banks but cannot accept demand deposits. Regulated by RBI. Examples: Bajaj Finance, Muthoot Finance.
Non-Banking Financial Company — that is the full form of NBFC.