Section 2(8)(v) implies that audited financial entities like NBFCs, banks, insurance companies, co-operatives, etc. that are regulated under other legislations are not governed by the Punjab Registration of Moneylenders' Act and do not require a money lending license. The Act is thus applicable to Companies. However, loans given by Companies are thus exempted from the application of ... https://www.corpzo.com/money-lending-license