non-bank financial institution definition

non-bank financial institution means a financial institution that undertakes financial intermediation outside the bank;
non-bank financial institution means any person or institution whose activities and transactions are in the form of non-bank financial services rendered without accepting from the general public deposits payable upon demand or after a fixed period;
non-bank financial institution means a financial institution that does not have a banking license or is not supervised by a state, national or international banking regulatory agency. If a non-bank financial institution is a selected financial institution, it shall post a collateral bond of not less than 125 percent of the amounts on deposit with the Treasurer in lieu of any other collateral requirement in this article.

More Definitions of non-bank financial institution

non-bank financial institution means a financial institution other than a bank, established under any applicable Act or Regulation, and included in the list established under section 2(2) of this Act; 16
non-bank financial institution means a non-bank financial institution as defined in the Non- Bank Financial Institutions Regulatory Authority Act, CAP 46:08;
non-bank financial institution means any person whose financial transactions are in the form of non-bank financial services rendered without accepting from the general public deposits payable on demand or after a fixed period;
non-bank financial institution means a financial institution that does not have a
non-bank financial institution. , means a non-bank financial institution within the meaning of the Cheques and Payment Orders Act 1986 of the Commonwealth that carries on a business that includes the keeping of accounts that may be drawn on by payment order;
non-bank financial institution. (NBFI) means: A person engaged in financial activities that are licensed under the Other Financial Services Act of 2001.
non-bank financial institution means any of the following-