from web site
A Non-Banking Financial Company (NBFC) is a company that provides long-term and specialised lending and receives international donations. The NBFC registration process is time-consuming, and the applicant must follow all of the RBI's laws and regulations to get an NBFC License.
All banking-related financial services are facilitated by NBFCs. The NBFCs services are adaptable, which assists the customer in receiving all updates and addressing the demands of the unique client.