nbfcs in A Sentence

    1

    This will benefit both SBI and Nbfcs.

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    2

    Nbfcs Non Banking Financial Companies.

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    3

    Nbfcs cannot accept demand deposits.

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    4

    What are the differences between Nbfcs and Bank?

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    5

    Under which act Nbfcs are incorporated?

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    6

    RBI: Nbfcs balance sheet grew by 17.2%.

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    7

    Nbfcs raised money by issuing commercial paper;

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    8

    Nbfcs stocks surged after the credit guarantee announcement.

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    9

    Eligible Nbfcs to get license.

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    10

    Nbfcs need to be incentivised to become banks.

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    11

    Nbfcs is company registered under the companies act, 1956.

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    12

    Nbfcs do not need to maintain such cash reserves.

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    13

    Banks and Nbfcs have many overlapping functions and offer similar products.

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    14

    What are these Nbfcs and how are they different from banks?

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    15

    It helps consumers compare best offers across various banks and Nbfcs.

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    16

    Credit cards and cheque books: Nbfcs cannot issue credit cards or cheque books.

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    17

    The scheme will cover all deposit-taking Nbfcs, and based on the experience gained.

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    18

    According to accepting public deposits, Nbfcs can be classified into ____ broad categories.

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    19

    With these changes coming into force, the Reserve Bank will recommence registering new Nbfcs.

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    20

    MFIN comprises 56 NBFC-MFIs and 40 associates including banks, small finance banks and Nbfcs.

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    21

    Banks/Nbfcs should be particularly careful in the case of cards where there are pending disputes.

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    22

    The RBI has also prescribed certain‘Minimum Retention Requirement'(MRR) for Nbfcs for availing the relaxed.

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    23

    But, this is not negative; it just means Nbfcs will grow slower this year.".

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    24

    (vii) Complaints about excessive interest charged by Nbfcs(issued vide CC No. 95 dated May 24, 2007).

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    25

    The RBI has also prescribed certain‘Minimum Retention Requirement'(MRR) for Nbfcs for availing the relaxed norms.

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    26

    (d) Nbfcs can accept deposits from the public if they are registered and permitted by RBI.

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    27

    The government has categorised about 9,500 non-banking financial companies(Nbfcs) in the country as- high risk.

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    28

    Bajaj Finserv is one of the leading non-banking finance companies(Nbfcs) in India that offers diverse financial products.

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    29

    Merchant acquirers- Banks/ Nbfcs which enter into agreements with merchants to process their credit card transactions; and.

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    30

    Since Nbfcs do not work with public savings, they are also subject to fewer rules and less scrutiny.

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