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Difference Between NBFC and Bank: Which One Should You Register?

Banks are licensed to accept public deposits and offer a full range of financial services, including checking accounts and interbank lending. NBFCs (Non-Banking Financial Companies) provide loans and credit facilities but cannot accept demand deposits. Choose based on your business goals.
Difference Between NBFC and Bank: Which One Should You Register? Banks are licensed to accept public deposits and offer a full range of financial services, including checking accounts and interbank lending. NBFCs (Non-Banking Financial Companies) provide loans and credit facilities but cannot accept demand deposits. Choose based on your business goals.
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Difference Between NBFC and Bank: Which One Should You Register?
Discover the differences between NBFCs and banks, including services, regulations, and setup costs. Learn which option is better for you.
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