It is a Company registered under the Companies Act engaged in the business (es) of providing financial services including loans & advances, leasing, hire purchase etc. They provide loans and advances and other credit facilities to business people or budding entrepreneurs where banks/Financial Institutions are not comfortable or say it is an alternative source of finance to businessmen. https://news.prfree.org/@corpzo/an-overview-of-nbfc-registration-in-india-919999139391-zng0e7vpwxyi?