Also, any institution not being a bank, in form of a company having the principal business of receiving deposits under any scheme and/or arrangement either in a lump sum or in installments by way of contributions

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The NBFC Company which are not accepting deposit and which are registered with the RBI are available for sale through NBFC laising group

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NBFCs are registered and regulated by Reserve Bank of India. Various rules and regulations are laid down for the same purpose. Chapter III B of the RBI Act 1934 regulate the activities conducted by every NBFC.

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RBI regulations relating to Non-systematically important are quite liberal to help them grow. However, on the other hand systemically important, larger NBFCs are required to follow various rules to make sure that they are operating on par with the global standards.

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