Nbfs’s & ITS functions
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This document provides information on various non-banking financial companies (NBFCs) and their functions. It lists several NBFCs such as Kotak Mahindra Prime Limited, which provides vehicle financing and leasing services; Asmitha Microfin Limited, which offers business development services and customized loan products; Madhura Micro Finance Limited, which provides individual and group loans through over 200 branches; Disha Microfin Private Limited, which focuses on microfinance and retirement loans; and Nabard Financial Services Limited, which supports agriculture and related activities through credit and other facilities.
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Nbfs’s & ITS functions
- 2. NBFC’s Company registered under the Companies Act, 1956 Engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities but does not include any institution whose principal business is that of agriculture activity, industrial activity, purchase or sale of any goods
- 3. KOTAK MAHINDRA PRIME LIMITED • Established Year – 1996 • Services – Vehicle financing Hire purchasing Leasing services Loans against securities
- 4. ASMITHA MICROFIN LIMITED • Established Year – 2002 • Services – Business Development Services Access to larger and repeat loans collateral free loans Customised loan products
- 5. MADHURA MICRO FINANCE LIMITED • Establishment year – 2006 • Services - providing individual and group loans through its network of 200+ branches across five states of India, individual loans are primarily targeted at retailers with small shops, Women’s Self Help Group (SHG) Loans
- 6. DISHA MICROFIN PRIVATE LIMITED • Established year – 2009 • Services – Microfinance loans Rural Microenterprise loans Urban Microenterprise loans Retirement Solutions
- 7. NABARD FINANCIAL SERVICES LIMITED • Established year - 1982 • Services – Credit & other facilities for promotion, expansion, commercialisation & modernization of agriculture & allied activities