NBFC vs Bank | NBFC और Banks में क्या फर्क है? NBFC Banking Awareness | NBFC in Hindi
The difference between NBFC and bank can be drawn clearly on the following grounds:
A government authorised financial intermediary that aims at providing banking services to the general public is called the bank. An NBFC is a company that provides banking services to people without holding a bank license.
An NBFC is incorporated under the Indian Companies Act, 1956 whereas a bank is registered under Banking Regulation Act, 1949.
NBFC is not allowed to accept such deposits which are repayable on demand. Unlike banks, which accepts demand deposits.
Foreign Investments up to 100% is allowed in NBFC. On the other hand, only banks of the private sector are eligible for foreign investment, and that would be not more than 74%.
Banks are an integral part of payment and settlement cycle while NBFC, is not a part of the system.
It is mandatory for bank maintain reserve ratios like CRR or SLR. As opposed to NBFC, which does not require to maintain reserve ratios.
The deposit insurance facility is allowed to the depositors of banks by Deposit Insurance and Credit Guarantee Corporation (DICGC). Such facility is unavailable in the case of NBFC.
Banks create credit, whereas NBFC is not involved in the creation of credit.
Banks provide transaction services to the customers, such as providing overdraft facility, the issue of traveller’s cheque, transfer of funds, etc. Such services are not provided by NBFC.
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sir, what is difference between small finance banks (eg ujjivan equitas etc) and banks (axis, sbi etc)
are they( ujjivan equitas etc) as safe as (axis sbi etc)
is section 80 TTB ie deduction upto 50000 for senior citizen fd applicable in them as it is not in NBFC
In your next video please cover the consequence of US-China Trade war & selling of US Debt by other currencies...Future of US Dollar(It will weaken I believe)..please cover in details..connecting it to Indian Market...I gave you topics for your next 3-4 videos... Really waiting for these videos... Appreciate your efforts..God bless you.
Sir please tell your opinion,worried,
Sir I am having a loan of Rs5 lac of DHFL and DHFL having a problem like a liquidity...........I am worried about it , should I pay some extra amount to reduce my loan or Keep paying EMI......................
Sir this will beneficial for me and others customer who related to DHFL by any other way please tell
Additionally, if you decide to go with an aboveground pool and want to add a deck around it, you should check with your local government to get specifics on the laws in your area pertaining to deck installation.
No matter what you decide, make sure you meet with an installation professional to discuss your options based on space, city regulations and price points.
Above Ground Pool.
Additionally, pool materials in aboveground pools are far cheaper than in-ground and have a wider variety.
Pool Accessary Options.
Types of Pool Water Sanitation.
There are a variety of pool water treatment options beyond the traditional chlorine, although it remains the most popular option.
Chlorine is added to a pool to combat algae or other bacteria that can gather in the water. Chlorinated water relies on a proper pH balance to prevent an overly chemical-smelling pool.
While saline pools, also known as saltwater pools, are not chlorine-free, they consist of a salt-chlorine generator that produces lower levels of chlorine.
Mineral water pools are chlorine-free and use disinfecting minerals to prevent bacteria and algae.