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–Ahmedabad Shatabdi Express Mumbai Central–Ahmedabad Shatabdi Express The Mumbai Central–Ahmedabad Shatabdi Express is a super fast express train of Shatabdi class belonging to Indian Railways that runs between Mumbai Central and Ahmedabad Junction in India. It is a 6 days a week service. Earlier it would operate excluding Fridays, later it was changed to exclude Sundays. It operates as train number 12009 from Mumbai Central to Ahmedabad Junction and as train number 12010 in the reverse direction. It is fastest train on the Mumbai – Ahmedabad Sector following train is the Mumbai-Ahmedabad Duronto Express which is 2nd fastest train in BCT-ADI sector.It used