2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the non banking financial company has partnered with India Post to facilitate purchase of vehicles in Karnataka.
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M & M Financials
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Shriram Transport Finance
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Bajaj Finance
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Reliance Capital
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Explanation:
Detailed explanation-1: -Examples of nonbank financial institutions include insurance firms, venture capitalists, currency exchanges, some microloan organizations, and pawn shops.
Detailed explanation-2: -Current Status : Financial Linkages Between Banks and NBFC NBFCs offer products/services which include leasing and hire-purchase, corporate loans, investment in non-convertible debentures, IPO funding, margin funding, small ticket loans, venture capital, etc.
Detailed explanation-3: -Tata Capital Financial Services Limited is top of India’s leading NBFCs. Established in 2007, it is a subsidiary of Tata Sons Limited.
There is 1 question to complete.