NBFC refers to non banking finance companies; these institutions provide multiple financial services unlike banks which provide limited financial services. Given below is the list of services provided by the NBFC
- Asset Management
- Portfolio Management Service
- Underwriting
- Stock Broking
- Merchant Banking
- Venture Capital Financing
- Foreign exchange related business
- Factoring and leasing related business
- Credit Cards services
- Giving Credit Rating to other companies
Apart from above services NBFC provides variety of services depending upon the regulations of the government of the country regarding such institutions because some countries have strict policies regarding NBFC, as well as need of the company which is going to NBFC.