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RBA Glossary definition for NBFI

NBFI – non-bank financial intermediation

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Australia's Experience with Financial Reform

31 Dec 2014 RDP 2014-10
Alexander Ballantyne, Jonathan Hambur, Ivan Roberts and Michelle Wright
The growth of the NBFI sector diminished the effectiveness of monetary policy by lessening the economic impact of changes in bank reserve requirements, interest rate ceilings and credit directives. ... While some policymakers favoured extending
https://www.rba.gov.au/publications/rdp/2014/2014-10/aus-exp-fin-reform.html

Comparing Financial Reform in Australia and China

31 Dec 2014 RDP 2014-10
Alexander Ballantyne, Jonathan Hambur, Ivan Roberts and Michelle Wright
The combination of a fixed exchange rate regime, rising cross-border capital flows and the expansion of the NBFI sector made it increasingly challenging for the Australian authorities to control domestic
https://www.rba.gov.au/publications/rdp/2014/2014-10/com-fin-ref-aus-china.html