We know very well about Banks, apart from banks in India there are large number of private owned, decentralised and small sized financial Institutions known as Non-Banking Financial Companies. In recent times, the Non- Banking Financial Companies (NBFCs) have contributed to the Indian Economy and its growth by providing Credit and Deposit facilities to certain segment of the society such as unorganized sector and small borrowers. NBFCs provide financial services like hire-purchase, leasing, loan, investments etc. NBFCs can be classified into deposit accepting and non- accepting deposit Companies. NBFCs are small in size and owned privately. The NBFCs have grown rapidly since 1990. They offer attractive rate of return. They are fund based as well as service oriented companies. In India it is compulsory to register NBFCs with the Reserve bank of India (RBI). The NBFCs in developed countries have grown significantly and are now coming up in a very large way in developing count...