Non Banking Financial Companies (NBFC) – Indian Economy – Free PDF Download

NBFC Regulated By RBI

1. INVEST AND CREDIT COMPANY E.g., SREI
2. CONSUMER DURABLE LOAN FINANCE/ BNPL E.g., Bajaj Finance, Flexpay, Zestpay
3. CORE INVESTMENT COMPANY E.g., Tata Capital, IL&FS, Reliance Capital
4. INFRATRUCTURE FINANCE COMPANY ,INFRASTRUCTURE DEBT FUND E.g.,L&T IDF,IDFC IDF
5. ASSET RECONSTRUCTION COMPANIES e.G.,Anil Ambanis Reliance
6. FACTORING COMPANIES E.g.,IFCI Factors, Siemens Factoring
7. GOLD LOAN COMPANIES E.g.,Muthoot Gold loan, Mannapuram Gold
8. MICRO FINANCE INSTITUTIONS E.g., Bandhan(WB), Ujjivan (KAR),Cashpor(UP)
9. MUDRA
10. FINTECH COS:P2P LENDERS E.g., CRED Mint, Faircent.com, Cashkumar.com
11. FINTECH COS:ACCOUNT AGGREGRATORS E.g., NeSL,Cookiejar etc
12. FINTECH COS:LOAN AGGREGATORSE.g., Loanadda.com, Moneytrap.com,Loanbazaar,Paisabazaar
13. RESIDUARY

NBFC Regulated By SEBI

1. STOCK BROKER E.g., Motilal Oswal
2. MUTUAL FUNDS
3. REITs/InvITs
4. INVESTMENT BANKS / MERCHANT BANKING COMPANIES
5. VENTURE CAPITAL FUND

NBFC Regulated by OTHERS

1. IRDAI
2. PFRDA
3. NATIONAL HOUSING BANK
4. MINISTRY OF COOPERATE AFFAIRS
5. STATE REGISTRAR OF CHIT FUNDS

Q) With reference to the Non-banking Financial Companies (NBFCs) in India, consider the following statements:

1. They cannot engage in the acquistion of securities issued by the government.
2. They cannot accept demand deposits like Savings Account.

Which of the statements given above is/are correct?
(prelims 2010)

1. A) 1 only
2. B) 2 only
3. C) Both 1 and 2
4. D) Neither 1 nor 2

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