NBFC finance vis a vis Bank Finance?

NBFC finance is a type of financial service provided by non-banking financial companies (NBFCs). These companies provide services such as loans, investments, insurance, and other financial services. NBFCs are regulated by the Reserve Bank of India (RBI).

Bank finance is a type of financial service provided by banks. Banks provide services such as loans, investments, deposits, and other financial services. Banks are regulated by the Reserve Bank of India (RBI).

The main difference between NBFC finance and bank finance is that NBFCs are not allowed to accept deposits from the public, whereas banks are allowed to do so. Additionally, NBFCs are not allowed to issue cheques or demand drafts, whereas banks are allowed to do so. NBFCs are also not allowed to provide services such as credit cards, debit cards, and internet banking, whereas banks are allowed to do so.