Assistant Manager Trainee Interview Questions and Answers

NBFC stands for Non-Banking Financial Company. They provide financial services like loans, investments, etc. but do not hold a banking license.

• NBFCs are regulated by the Reserve Bank of India (RBI).

• They cannot accept demand deposits.

• NBFCs can provide loans and advances, issue credit cards, and engage in other financial activities.

• Disbursement process involves verifying the borrower's eligibility, assessing the risk, and disbursing the loan amount.

• NBFCs can also raise funds fr...read more

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