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What is the difference between Commercial Bank and NBFI?

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In spite of certain similarities, the commercial banks basically differ from non-bank financial inter­mediaries on the following grounds. Commercial banks have the ability to generate multiple expansion of credit. The non-bank inter­mediaries do not have such ability.

What is the role and function of NBFI?

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The role and importance of non-bank financial intermediaries is clear from the various functions performed by these institutions. Major functions of the NBFIs are as follows:

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