What is NBFC: A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 and is engaged in the business of loans and advances, acquisition of shares/ stock/ bonds/ debentures/ securities issued by Government or local authority or other securities of like marketable nature, leasing, hire-purchase, insurance business, chit business but does not include any institution whose principal business is that of agriculture activity, industrial activity, sale/purchase/construction of immovable property. A non-banking institution which is a company and which has its principal business of receiving deposits under any scheme or arrangement or any other manner, or lending in any manner is also a non-banking financial company (Residuary non-banking company).

Source: RBI Website

List of NBFCs whose licenses is CANCELLED by the Reserve Bank of India   

The RBI on Non-Banking Financial Companies (NBFCs) 

Govt. of Madhya Pradesh initiatives of with regard to NBFCs

ENGLISH:

• The Madhya Pradesh Nikshepkon Ke Hiton Ka Sanrakshan Adhiniyam, 2000  (pdf)

(The Madhya Pradesh Protection of Depositors' Interest Act)

• The Madhya Pradesh Nikshepkon Ke Hiton Ka Sanrakshan Niyam, 2003 (pdf)

(The Madhya Pradesh Protection of Depositors' Interest Rules)

HINDI:

• The Madhya Pradesh Nikshepkon Ke Hiton Ka Sanrakshan Adhiniyam, 2000   (pdf)

• The Madhya Pradesh Nikshepkon Ke Hiton Ka Sanrakshan Niyam, 2003  (pdf)

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