BANKING AND NON BANKING FINANCIAL INSTITUTIONS - TWINKLE JASANI (110)
After this presentation you will know.. What are banking financial institutions (BFIs). Types of BFI. What are non banking financial institutions (NBFIs). Types of NBFIs Difference between BFI and NBFI.
BANKING FINANCIAL INSTITUTIONS (BFI) A BFI is an organization that accepts customer cash deposits and the provides financial services.
TYPES OF BFIs
NON-BANKING FINANCIAL INSTITUTION (NBFI) A NBFI is an organization that does not accept customer cash deposit but provides all financial services except bank accounts.
TYPES OF NBFI
DIFFERENCE BETWEEN BFI Direct contact. Indulges in number of activities. National and international customers. Main interest is to help business transactions savings and investment activities. NBFI Indirect contact. Concerned with long term loans. Mainly finances foreign countries. Main interest is stabilization of currency.