From the following statements which is incorrect about NBFC?
a) NBFC cannot accept demand deposits
b) NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself;
c) deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs, unlike in case of banks.
d) NBFC is a company that provide banking services without meeting the legal definition of a bank
e) None of these