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NBFC stands for Non Banking Financial Company. It is a company that provides financial services to customers but does not accept customer deposits and provide deposit accounts (like savings account, checking account etc)

Some of the NBFCs in India are:

a. Religare Asset Management Company

b. Indiabulls Financials

c. Reliance Asset Management company

d. Etc.

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Q: What are the exampes of non bank institution?
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