| SECTION K : FINANCIAL AND INSURANCE ACTIVITIES |
| Division 64 : Financial service activities, except insurance and Pension funding |
| Group | Class | Sub-class | Description |
| 641 | | | Monetary intermediation |
| | 6411 | | Central banking |
| | | | This class includes activities of Reserve Bank of India |
| | | 64110 | Central 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 |
| | | 64191 | Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses |
| | | 64192 | Activities 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. |
| | | 64200 | Activities 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. |
| | | 64300 | Trusts, 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. |
| | | 64910 | Financial 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 |
| | | 64920 | Other 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) |
| | | 64990 | Other financial service activities, except insurance and pension funding activities, n.e.c. |