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NBFC are basically those corporations that engaged among the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or authority or different marketable securities, leasing, time plan, insurance business, account business but does not embrace any institution whose principal business is that of agriculture activity, industrial activity, purchase or sale of any merchandise (other than securities) or providing any services and sale/purchase/construction of immovable property. A non-banking institution that might be an organization and encompasses a principal business of receiving deposits below any theme or arrangement in one payment or in installments by approach of contributions or within the different manner is to boot a non-banking financial company