Kendra Manager
Kendra Manager Interview Questions and Answers
Updated 11 Oct 2024
Q1. Do you know about nbfc
Ans.
NBFC stands for Non-Banking Financial Company, which are financial institutions that provide banking services without meeting the legal definition of a bank.
NBFCs cannot accept demand deposits
They do not form part of the payment and settlement system and cannot issue cheques drawn on itself
Examples of NBFCs include Bajaj Finance, Muthoot Finance, and L&T Finance Holdings
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