Prabhas has joined non-banking financial companies (NBFCs) but is unclear about the role and types of NBFCs. Apprise, Prabhas about the role of NBFCs in the financial services segment with various types of NBFCs as per business activity catering for the financial needs of the Indian economy with examples.

Extra information - Answers to be explained in more than 1000 words, not to copy answer from internet, parameter for answering the assignment questions - Introduction 20%, Concepts and Application related to the question 60%, Conclusion 20%