When it comes to investment, savings, or borrowing of funds, the two major financial institutions people look up to are banks and Non-Banking Financial Company (NBFCs). Both institutions are involved with the loan business and the acquisition of stocks/shares/bonds/securities/debentures issued by the Government of India. However, a comparison between the two reveals major differences in their features. This article explores NBFC and bank difference, so … Continue reading NBFC vs. Banks: Unraveling the Key Differences