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Trust is registered and governed by the Indian Trust Act. In simple word, it is a financial vehicle which transfers property from its owner to a trust for the lawful purpose.
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NBFC (Non-Banking Financial Company) is a broadly occupied with money related exercises like made sure about and unbound advances, speculations, Marketplace loaning or budgetary Information specialist co-op or some other business targets as characterized under area 45-IA of the RBI Act.\n