Course Overview
Online NBFC’s – Understanding Relationships & Functions courses
Through this course you will be learning about Definition, functions, activites and the differential status of an NBFC as a micro-finance institution in the finacial sector banks, What are the various relations existing between a banker and customer on different activities engaged by them, as per the Contract Act, 1872.
The function of NBFC’s include:
What are the functions of bank in general and how they process credit creation in the nation building activities, out of the deposits they have collected from public, How the timely financial help by banks to industries and other needy sectors boost the economic growth of a nation, out of the funds collected from the household, which are lying as the surplus and idle money by quick and accurate transfer of money to anywhere in the world. These all things you will be learning about the Non-Banking Financial Companies with respect to its relations & functioning with other banks.