Develop Your Knowledge on NBFC under Our Expert’s Guidance and Help
Why student needs financing help?
Finance is a very interesting as well as very confusing subject in itself. It deals with a lot of factors together. Financing can be of any type like private financing, public financing and corporate financing. The role played by each of this type of financing is different from one another in some way or the other. Students usually look for NBFC’s homework help in order to know how the process of payment in these types of institutions is different from banking institution.
But it becomes difficult for the students to seek help from the tutors as they have other subjects to deal with as well. Regular visit to the tuition takes up a lot of time and thus student nowadays are looking for trusted online help company. myhomeworkhelp.com is here to provide NBFC’s assignment help in which students can rely on and get their work done.
What do you mean by NBFC?
NBFC is a non banking financial company which has been registered in the 1956 Companies Act of India. They are involved in a number of activities like issuing of loans and advances, shares and bond acquisition, insurance business, etc. They don’t include anything related to agricultural or industrial activities or any transaction involved in immovable property. But it is in the hands of the RBI to regulate the functions of these non banking institutions. So a proper NBFC’s homework help can only help you know about different variables involved in these companies.
Different types of NBFCs in India:
- Asset finance company:
It involves financing of physical assets and carries out productive activities like productions of tractors, automobiles, etc.
- Investment Company:
Its main work is to finance investment by acquiring securities.
- Loan Company:
They give out loans and advances and also finance for other activities but are very different from an asset finance company.
- Infrastructure finance company:
It gives out loans for infrastructure building and owns Rs.300 crore of funds.
- Infrastructure debt fund:
Its main role is to pay back long term debts involved in infrastructure projects.
- Residuary non-banking companies:
It is very different from the companies mentioned above and has its principle role of receiving deposits.
How is NBFCS different from other banks?
The functions performed by non banking institutions are similar to that of banking institutions but there are some differences such as:
- They cannot accept any kind of demand deposits.
- The cheques cannot be issued on their name.
- It does not form the part of the payment and settlement system.
Thus there are several roles played by NBFCs yet it is very different from other banks. So to know about each and every working of non banking institutions it is necessary you should take NBFC’s assignment help from a trusted online company.
Why our service?
Myhomeworkhelp.com not only aims to provide NBFC’s homework help but also provides tips and guidelines in order to help students complete their syllabus systematically. Our service includes:
- 100% accurate and original content.
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