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 Central railway station Mumbai Central railway station Mumbai Central is a major railway station on the Western line, situated in Mumbai, Maharashtra in an area known by the same name. Designed by British architect Claude Batley, it serves as a major stop for both local and inter-city/express trains with separate platforms for them . It is also a terminal for several long distance trains including the Mumbai Rajdhani Express. Trains depart from the station connecting various destinations mostly across states in the northern, western and north-western parts of India. The Bombay Baroda Central India Rail organization has extended its reach from Baroda to