International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

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NBFC : ANALYSIS OF CHOLAMANDALAM AND BAJAJ FINANCE LTD

    2 Author(s):  DR MAMTA ,DR POONAM MITTAL

Vol -  13, Issue- 2 ,         Page(s) : 111 - 119  (2022 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

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

1. http://publications.anveshanaindia.com/wp-content/uploads/2016/10/GROWTH-DEVELOPNMENT-OF-NBFC-IN-INDIA.pdf and https://www.rbi.org.in/Scripts/FAQView.aspx?Id=92
2. https://www.nelito.com/blog/History-of-Non-Banking-Financial-Institutions.html
3. https://rbidocs.rbi.org.in/rdocs/Speeches/PDFs/NBFC06112020D8CDA08E9043479BBF02F645CBBA721B.PDF

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