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Match each NBFC type to its work

Exercise and reference answers

Matching pairs
  1. Left
    NBFC-MFI
    Right
    Collateral free small loans
  2. Left
    NBFC-Factor
    Right
    Buys receivables of firms
  3. Left
    NBFC-AA
    Right
    Aggregates financial accounts
  4. Left
    NBFC-IFC
    Right
    Lends to infrastructure
  5. Left
    ICC
    Right
    Asset finance and lending
  6. Left
    Deposit taking
    Right
    Holds a special certificate
Instructions
Tap a type on the left, then tap what it does.

Explanation

_Source: RBI, FAQs on Non-Banking Financial Companies_
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