21 December 2024
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Personal Loans by Banks & NBFCs & Comparative Analysis
You might have seen many advertisements offering personal loans for different purposes – digitally and that too on a fast track. But it’s not a BANK! Then what is it? It is known as the Non-Banking Financial Company (NBFC). A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in…