NBFC ND SI definition

NBFC ND SI means a systemically important non-deposit taking non-banking finance company registered with the RBI under the provisions of the Reserve Bank of India Act, 1934 and governed as per the RBI Master Directions and other applicable notifications, circulars and regulations issued by the RBI from time to time.
NBFC ND SI means the Systemically Important Non-Deposit taking/ holding Non Banking Financial Company as defined by RBI from time to time.