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.
difference between non bank and commercial bank?
Mortgage bank.
A non bank financial institution is a financial institution that does not have full banking license to supervised any international banking regulatory agency and does not give deposit.
an investment bank is a non depository institution, and a commercial bank takes customers' deposits.
it's when you love a person for who that person is and not
Without the alternatives we cannot answer
pawnshops., government non-bank financial institutions., lending companies., insurance., ventures..:)
A monetary financial institution (MFI's) is a bank (central, retail, wholesale) or building society which allows entities to make deposits with their institution. A non-monetary institution does not accpet deposits, i.e insurance firms or pension schemes. this a simple definition which should start you off on the right path. I hope. :)
An acquiring financial institution is an institution whichcontracts with the bank and the merchant to enable credit cardtransactions.
A non-bank financial institution (NBFI) is a financial institution that does not have a full banking license or is not supervised by a national or international banking regulatory agency. NBFIs facilitate bank-related financial services, such as investment, risk pooling, contractual savings, and market brokering
A list of bank financial institutions in the Philippines, is available at the Philippine Department of treasury. The list is available to the general public at a small fee.
A bancke is an obsolete term for a bank - a financial institution.