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,
Dabang Mumbai Dabang Mumbai Dabang Mumbai (abbreviated as DBM) is a field hockey team based in Mumbai, Maharashtra that plays in the Hero Hockey India League (HIL). The aim is to build a team for the eight-time Olympic Champions, India be able to compete at the highest level of World Hockey. It is owned by DoIT Sports Management. Australia coach Jay Stacy serves as the head coach for the team. The team is owned by DoIT Sports Management (India) Pvt Ltd, which was incorporated as a part of DoIT Creations Group with the vision of promoting sports, athletes, sports facilities and events