In this Chapter, unless the context otherwise requires,—

(a) “business of a non-banking financial institution” means carrying on the business of a financial institution referred to in clause (c) and includes business of a non-banking financial company referred to in clause (f);

(b) “corporation” means a corporation incorporated by an Act of any ligislature;

(b) a State Financial Corporation,

(c) any financial institution specified in or under section 6A of the Industrial Development Bank of India Act, 1964 (18 of 1964), or

(d) any other institution that may be specified by the Bank in this behalf;

(v) amounts received in the ordinary course of business, by way of—

(a) security deposit,

(b) dealership deposit,

(c) earnest money, or

(d) advance against orders for goods, properties or services;

(c) “financial institution” means any non-banking institution which carries on as its business or part of its business any of the following activities, namely:—

(a) agricultural operations; or

(b) the purchase, or sale of any goods (other than securities) or the providing of any services; or

(c) the purchase, construction or sale of immovable property, so, however, that no portion of the income of the institution is de­rived from the financing of purchases, constructions or sales of immovable property by other persons;

(d) “firm” means a firm as defined in the Indian Partnership Act, 1932 (9 of 1932);

(e) “non-banking institution” means a company, corporation, or co-operative society;

(f) “non-banking financial company” means—