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,
Central line (Mumbai Suburban Railway) Central line (Mumbai Suburban Railway) The Central line of the Mumbai Suburban Railway is a public transit system serving Mumbai, Maharashtra, India. It consists of 24 stations from Chhatrapati Shivaji Maharaj Terminus (C.S.M.T.) to Kalyan Junction. The entire line is at grade. It has section of quadruple track starting from Chhatrapati Shivaji Terminus and ends at Kasara, Roha, Lonavala and Khopoli junctions in Maharashtra The Central line in Mumbai consists of three major corridors, which bifurcate as they run into suburban satellite towns. Two corridors (one local and other through) on Central Railway run from CST to Kalyan Junction (55