. The difference between a bank and a non-banking financial
institution (NBFI) is that
(a) A bank interacts directly with customers while an NBFI
interacts with banks and governments
(b) A bank indulges in a number of activities relating to
finance with a range of customers, while an NBFI is mainly
concerned with the term loan needs of large enterprises
(c) A bank deals with both internal and international
customers while an NBFI is mainly concerned with the
finances of foreign companies
(d) A bank’s man interest is to help in business
transactions and savings/ investment activities while an
NBFI’s main interest is in the stabilization of the currency
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Answer Posted / guest
(b) A bank indulges in a number of activities relating to
finance with a range of customers, while an NBFI is mainly
concerned with the term loan needs of large enterprises
| Is This Answer Correct ? | 104 Yes | 20 No |
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