(d) Non-banking financial companies incorporated under Companies Act which have been recently brought legally within RBI’s regulatory framework. Housing Finance companies, however, are regulated and supervised by National Housing Bank.
(e) Regional Rural Banks and State and District Central Co-operative Banks, which are regulated by RBI, supervised by NABARD and additionally by Central Government and State Governments; and (e) Development Financial Institutions, some of which are under statute and some under Companies Act, which had been under Government control till recently.