Major Business Pivot Proposed: From Finance to IT & Trading
N. B. I. Industrial Finance Company Limited · NBIFIN · NSE ·
The Board has approved a proposal to alter the company's main business objectives (Memorandum of Association). **Reason:** To comply with RBI rules, the company is removing financial activities like "lending" and "borrowing" from its objectives to be classified as a "Type-I NBFC-…