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 Indians ever association with cricket will produce a limited edition collection which will be available globally across popular cricket playing nations. Mumbai Indians have supported the social cause of education to the underprivileged. They have raised funds for the cause via selling merchandise like wristbands signed by their players. The NGOs supported are Pratham, Ummeed, Akanksha, Teach For India and Nanhi Kali. Mumbai Indians The Mumbai Indians (abbreviated as MI) are a franchise cricket team based in the city of Mumbai, Maharashtra. Founded in 2008, Mumbai Indians play in the Indian Premier League (IPL). The team is owned by India's biggest