NBFC – Microfinance Institution (NBFC-MFI) in India
NBFC – Microfinance Institution (NBFC-MFI) in India An NBFC – Microfinance Institution (NBFC-MFI) is a non-deposit taking NBFC (which is not a company licensed under Section 25/8 of the Indian Companies Act, 1956/2013) fulfilling the following conditions: One of the most emerging types of NBFC nowadays is NBFC – Microfinance Institution (NBFC-MFI). Minimum NOF of …