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nbfc

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05 December 2009 what is financial assets and financial income for NBFC. pls give list for above financial assets and financial income.
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Rasesh

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Rasesh (Expert)
07 December 2009 Financial Assets are assets like Shares, Stocks, Debentures, Advances in the form of ICD. The entire amount under the investments category of balance sheet is financial assets.

The income generated from financial assets is financial income.
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