Financial institution in India. Any institution that collects money and puts it into assets such as stocks, bonds, bank deposits, or loans is considered a financial institution. There are two types of financial institutions: depository institutions and nondepository institutions. Depository institutions, such as banks and credit unions, pay you interest on your deposits and use the deposits to make loans. Nondepository institutions, such as insurance companies in India, brokerage firms in India, and mutual fund companies in India, sell financial products in India. Common examples of financial institutions are retail banks in India, which take deposits into safekeeping and use them to make loans to other customers in India, and insurance companies in India, which do not take deposits in India, but provide guarantees of payment if a certain situation occurs in exchange for a premium. See also: Depository institution in India, Non-depository institution in India. Find Phone Numbers of Financial institution in India, Mobile Numbers of Financial institution in India, Addresses of Financial institution in India, MAP of Lifestyle Store in India, My Offers of Financial institution in India, See Ratings & Reviews of Financial institution in India, for Best Search of Financial institution in India
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