NBFC definition

NBFC means non-banking financial company.

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NBFC means a Non-Banking Financial Company regulated by Reserve Bank of India;

NBFC means a Non-Banking Financial Company registered by Reserve Bank of India;

Examples of NBFC in a sentence

In case any chargeback dispute is ruled against the Merchant then the Merchant shall pay back the transaction amount to Razorpay which will be eventually credited to the end customer via issuing bank / NBFC / lending service provider.
At the request of the Merchant Razorpay to enable affordability payment options on the POS terminals which will facilitate the Merchant to provide an option to its customers to pay via EMI (CC, DC, Brand EMI , NBFC)/ BNPL / Cashback Offers / IBD (Instant Discount) payment option.
The Merchant understands that Razorpay is merely a facilitator for the enablement of various affordability payment option and is not responsible for any decline in these transactions or non-approval of customer loan request by the respective NBFC / Banks / lending service provider or brand EMI scheme / cashback offers by the partner brand (as the case may be) for whatsoever reasons.
Merchant hereby undertakes that the Merchant shall cooperate and assist Razorpay in resolving chargeback dispute from the respective banks / NBFC / lending partner and submit proper documentation / proof in support of chargeback dispute.

More Definitions of NBFC

NBFC means non-banking financial company as defined in clause (xi) of sub- paragraph (1) of Paragraph 2 of Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 1998.

NBFC means a Non-Banking Finance Company registered under the Companies Act, 1956/2013 in India and offers various financial services but do not have a banking license and regulated as per the laws of India.

NBFC means a non-banking finance company incorporated and licensed by the Commission;

NBFC means non-banking finance company.

NBFC means non-banking financial company as defined under Section 45-I (f) of the Reserve Bank of India Act, 1934;

NBFC means Non Banking Finance Company as defined in the Non Banking Finance Companies (Establishment and Regulation) Rules 2003 notified vide SRO 310(I)/2003 dated the 1st April, 2003;

NBFC means a non-banking finance company as defined in clause (a) of section 282(A) of the Ordinance;”