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An investigation into the selected non-banking financial companies in India: Performance, concerns, and regulatory requirements

By: Bhandari, Anup Kumar and Pradeep, Nithin.
Material type: materialTypeLabelBookPublisher: Economic & Political Weekly Description: 57(45), Oct, 29, 2022: p.49-57.Subject(s): Non-banking financial companies, Financial companies, Financial services In: Economic & Political WeeklySummary: The non-banking financial companies play a critical part in credit intermediation in India, with an active participation in credit lending to the segments that are largely left out by the formal banking channels. These include micro, small and medium enterprises, agriculture sector, and other unbanked sectors. Hence, they play a noteworthy role in the last-mile delivery of financial services and overall financial inclusion. Against the backdrop of the recent liquidity crisis, the financial health of selected 15 large NBFCs and the capital requirement regulations towards the sector are examined. – Reproduced
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Articles Articles Indian Institute of Public Administration
57(45), Oct, 29, 2022: p.49-57 Available AR127537

The non-banking financial companies play a critical part in credit intermediation in India, with an active participation in credit lending to the segments that are largely left out by the formal banking channels. These include micro, small and medium enterprises, agriculture sector, and other unbanked sectors. Hence, they play a noteworthy role in the last-mile delivery of financial services and overall financial inclusion. Against the backdrop of the recent liquidity crisis, the financial health of selected 15 large NBFCs and the capital requirement regulations towards the sector are examined. – Reproduced

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