NBFI stands for ---

NBFI stands for --- ?

Created: 1 week ago | Updated: 1 week ago | Created By:

Imran Ahmed

Non Brokering Financial Institution

Non Bailing Financial Institution

Nationalized Banking and Financial Institution

Non Bank Financial Institution

0 1

Best Answer Explained in Below-:

Nonbanking financial institution Anonbank financial institution (NBFI) is a financial institution that does not have a full banking license and cannot accept deposits from the public. However, NBFIs do facilitate alternative financial services, such as investment (both collective and individual), risk pooling, financial consulting, brokering, money transmission, and check cashing. NBFIs are a source of consumer credit (along with licensed banks).

No comments yet.

NBFI stands for --- ?

Specialized firm that finances young, startup companies are called -----.

Which of the following is not a function of a commercial bank?

Sidebar

Advertishment

Need Custom Questions or Projects?

Social Links

Quick Links

Stay Connected