NBFC funding

NBFC funding

Bank provide financial assistance in the form of Working Capital Limit and Term Loans to Non-Banking Finance Companies (NBFCs) that includes Housing Finance Companies (HFCs), Infrastructure Finance Companies (IFCs) and Asset Finance Companies (AFCs). The NBFC should comply with RBI norm. NBFC should be aligned to either a leading business group or to a Bank in one of the following ways :- - Bullet NBFC being a subsidiary or associate of a large business group or a bank. - Bullet Bank or FI's having strategic investments in the NBFC or NBFC having a firm tie up with a Bank / Industry leader for marketing and new businesses.