Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 involved in the principal business of lending, investments in shares/stocks/bonds/debentures, leasing, hire-purchase, insurance business, chit business or involved in the receiving of deposits under any scheme or arrangement. NBFC are under the purview of the Reserve Bank of India (RBI) and in this article we visit the procedure for NBFC Registration in India and some of the regulations which govern its operations

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