NBFCs are categorized:-

a) In terms of the type of liabilities into Deposit and Non-Deposit accepting NBFCs.

b) Non-deposit taking NBFCs by their size into systemically important and other non-deposit holding companies.

c) By the kind of activity they conduct. Within this broad categorization the different types of NBFCs are as follows:

  1. . Asset Finance Company (AFC)
  2. Investment Company (IC)
  3. Loan Company (LC)
  4. Infrastructure Finance Company (IFC)
  5. systematically Important Core Investment Company (CIC-ND-SI)
  6. Non-Banking Financial Company - Micro Finance Institution (NBFC-MFI)
  7. Non-Banking Financial Company – Factors (NBFC-Factors)
  8. Mortgage Guarantee Companies (MGC)
  9. NBFC- Non-Operative Financial Holding Company (NOFHC)
  10. Infrastructure Debt Fund