The non-banking sector refers to financial entities that provide services similar to traditional banks but do not possess a full banking license. This includes institutions like insurance companies, investment firms, credit unions, and microfinance organizations. They often focus on specific services such as asset management, risk management, and lending, but do not offer standard banking products like checking accounts or savings accounts. The non-banking sector plays a crucial role in the overall financial system by enhancing access to capital and diversifying financial services.
its a third sector
Nominal Sector or Monetary Sector
It's the IT Sector.
consumer sector
Primary sector secondary sector tertiary sector
Finance to developments
The Bank Holding Company Act of 1956 required bank holding companies to refrain from all nonbanking related operations
industry sector , raw materials sector , human resources sector , financial resources sector , market sector , technology sector , economic conditions sector , government sector ,
its a third sector
Nominal Sector or Monetary Sector
Simply stated, the joint sector is a form of partnership between the public sector an the private sector
Area of sector/Area of circle = Angle of sector/360o Area of sector = (Area of circle*Angle of sector)/360o
The middle-class sector pays high taxes. The public sector often conflicts with the private sector in society.
service sector (tertiary sector)
Is a private sector
The difference between public sector and private sector is that when you're in the public sector you work for the government whereas private sector is not. Same applies to accounting.
the public sector does not aim to make a profit and the private sector does an example of the private sector would be primark public sector would be the police,fire engines. The government own the public sector whilst the private sector is owned by its own individuals.