SECTION K : FINANCIAL AND INSURANCE ACTIVITIES
Division 64 : Financial service activities, except insurance and Pension funding
GroupClassSub-classDescription
641  Monetary intermediation
 6411 Central banking
   This class includes activities of Reserve Bank of India
  64110Central banking
 6419 Other monetary intermediation
   This class excludes
   - non-depository institutions granting credit for house purchase, see 6492
   - credit card transaction processing and settlement activities, see 6619
  64191Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses
  64192Activities of specialized institutions granting credit for house purchases that also take deposits
642  Activities of holding companies
 6420 Activities of holding companies
   This class includes the activities of holding companies, i.e. units that hold the assets (owning controlling-levels of equity) of a group of subsidiary corporations and whose principal activity is owning the group. The holding companies in this class do not provide any other service to the businesses in which the equity is held, i.e. they do not administer or manage other units.
  64200Activities of holding companies
643  Trusts, funds and other financial vehicles
 6430 Trusts, funds and other financial vehicles
   This class includes legal entities organized to pool securities or other financial assets, without managing, on behalf of shareholders or beneficiaries. The portfolios are customized to achieve specific investment characteristics, such as diversification, risk, rate of return, and price volatility. These entities earn interest, dividends, and other property income, but have little or no
employment and no revenue from the sale of services.
  64300Trusts, funds and other financial vehicles
649  Other financial service activities, except insurance and pension funding
activities
 6491 Financial leasing
   This class includes leasing where the term approximately covers the expected life of the asset and the lessee acquires substantially all the benefits of its use and takes all the risks associated with its ownership. The ownership of the asset may or may not eventually be transferred. Such leases cover all or virtually all costs including interest.
  64910Financial leasing
 6492 Other credit granting
   This class includes financial service activities primarily concerned with making loans by institutions not involved in monetary intermediation (such as venture capital companies, industrial banks, investment clubs), where the granting of credit can take a variety of forms, such as loans, mortgages,credit cards etc.
   This class excludes:
   -credit granting for house purchase by specialized institutions that also take deposits, see 6419
   - operational leasing, see division 77, according to type of goods leased
  64920Other credit granting
 6499 Other financial service activities, except insurance and pension funding
activities, n.e.c.
   This class includes other financial service activities primarily concerned with
This class includes other financial service activities primarily concerned with distributing funds other than by making loans (factoring activities, writingof swaps, options and other hedging arrangements, activities of viatical settlement companies)
  64990Other financial service activities, except insurance and pension funding activities, n.e.c.
 
     
134913 Times Visited