NIC 642201 - Activities of captive financial institutions involved in intragroup lending. Companies wholly owned subsidiary of the manufacturer that provides B2B and/or B2C financing to purchasing the parent companies' products and services

NIC 642201 का अर्थ Activities of captive financial institutions involved in intragroup lending. Companies wholly owned subsidiary of the manufacturer that provides B2B and/or B2C financing to purchasing the parent...

मुख्य तथ्य

642201 at a Glance

Code 642201

Official title Activities of captive financial institutions involved in intragroup lending. Companies wholly owned subsidiary of the manufacturer that provides B2B and/or B2C financing to purchasing the parent companies' products and services

Version NIC 2025

Source authority MoSPI

Section L - Financial and insurance activities

Division 64 - Financial service activities, except insurance and pension funding

Group 642 - Activities of holding companies and financing conduits

Class 6422 - Activities of financing conduits

Level सब-क्लास

Depth 5/5

Children 0

Last verified 2026-04-21

In this section

642201

Activities of captive financial institutions involved in intragroup lending. Companies wholly owned subsidiary of the manufacturer that provides B2B and/or B2C financing to purchasing the parent companies' products and services

642202

Activities of Brass Plate Companies i.e., units that are owned (directly or indirectly) by a non-resident unit, of which large part of the balance sheet consists of claims and liabilities towards non-resident units, and that have few or no employees and little or no physical presence in the jurisdiction of incorporation

642299

Activities of other financing conduits n.e.c.

642202 →

आधिकारिक नोट

Class 6422 note from source layer

This class includes the activities of financing conduits, i.e., units created by a financial or non-financial group to raise or borrow funds (often on the open market) and to remit those funds to their parent or another entity within the group. This class excludes: - management services of public funds and public debt services, see 8411