NBFC & MFI in India NBFC & MFI in India A Non Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, acquisition of shares, stock, bonds, hire-purchase insurance business or chit-fund business but does not include any institution whose principal business includes agriculture, industrial activity or the sale, purchase or construction of immovable property. The working and operations of NBFCs are regulated by the Reserve Bank of India (RBI) within the framework of the Reserve Bank of India Act, 1934 (Chapter III-B) and the directions issued by it. On November 9,
Mumbai Magicians Equity and Food & Beverage Retail. Hockey India League Mumbai Magicians Mumbai Magicians (abbreviated as MM) was a field hockey team based in Mumbai, Maharashtra that played in the Hockey India League from 2012 to 2014. It was owned by Dabur India Ltd. Australian coach Ric Charlesworth served as the head coach for the team. The team was owned by the Burman family, promoters of fast-moving consumer goods (FMCG) major Dabur India Ltd. The Burman family is the promoter of one of the largest and the oldest Indian consumer products company, Dabur India Ltd. The family also has interests in