NON BANKING FINANCE CORPORATION

Websoftex Software Private Limited, a Bangalore based Company, an authorized Software service provider engaged in Microfinance, Banking, Co-Operative, NBFC Softwares http://microfinancesoftware.net

·         A non-banking monetary company (NBFC) underneath to be Associate in Nursing enterprise registered under the businesses Act, 1956 and indulges within the business of loans and advances, shopping for of shares/stocks/bonds/debentures/securities issued by the government .

·         Alternatively, your federal agency an extra securities of marketable nature, leasing, installment plan, insurance business, and bill business.

·         However, this does not embrace any establishment whose principal customers area unit that relating to agricultural activity, industrial activity, and sale/purchase/construction of stabile property.

·         ST0-119 Associate in Nursing NBFC primarily will work one thing like precisely what a bank while not truly meeting the legal word a bank.