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Non-Banking Financial Companies (NBFCs) in India

- Functioning & Reforms
Af: Jafor Ali Akhan Engelsk Hardback

Non-Banking Financial Companies (NBFCs) in India

- Functioning & Reforms
Af: Jafor Ali Akhan Engelsk Hardback
Tjek vores konkurrenters priser
Non-banking financial companies (NBFCs) constitute a heterogeneous lot of privately-owned, small-sized financial intermediaries which provide a variety of services including equipment leasing, hire purchase, loans, investments and chit fund activities. These companies play an important role in providing credit to the unorganised sector and to the small borrowers at the local level. Hire purchase finance is by far the largest activity of NBFCs. NBFCs have been the subject of focussed attention since the early 1990s. The rapid growth of NBFCs has led to a gradual blurring of dividing lines between banks and NBFCs, with the exception of the exclusive privilege that commercial banks exercise in the issuance of cheques. NBFCs are widely dispersed across the country and their management exhibits varied degrees of professionalism. Furthermore, the depositors have varied degrees of perceptions regarding safety of their deposits while making an investment decision. This book provides an exhaustive account of the functioning of and recent reforms pertaining to NBFCs in India. It also includes an all-India list (as on January 15, 2010) of 314 NBFCs which have been issued certificates of registration by the Reserve Bank of India to hold/accept deposits from public.
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Non-banking financial companies (NBFCs) constitute a heterogeneous lot of privately-owned, small-sized financial intermediaries which provide a variety of services including equipment leasing, hire purchase, loans, investments and chit fund activities. These companies play an important role in providing credit to the unorganised sector and to the small borrowers at the local level. Hire purchase finance is by far the largest activity of NBFCs. NBFCs have been the subject of focussed attention since the early 1990s. The rapid growth of NBFCs has led to a gradual blurring of dividing lines between banks and NBFCs, with the exception of the exclusive privilege that commercial banks exercise in the issuance of cheques. NBFCs are widely dispersed across the country and their management exhibits varied degrees of professionalism. Furthermore, the depositors have varied degrees of perceptions regarding safety of their deposits while making an investment decision. This book provides an exhaustive account of the functioning of and recent reforms pertaining to NBFCs in India. It also includes an all-India list (as on January 15, 2010) of 314 NBFCs which have been issued certificates of registration by the Reserve Bank of India to hold/accept deposits from public.
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Se mere i:
Produktdetaljer
Sprog: Engelsk
Sider: 210
ISBN-13: 9788177082296
Indbinding: Hardback
Udgave:
ISBN-10: 8177082299
Kategori: Kredit og kreditinstitutioner
Udg. Dato: 1 jan 2010
Længde: 29mm
Bredde: 153mm
Højde: 220mm
Forlag: New Century Publications
Oplagsdato: 1 jan 2010
Forfatter(e): Jafor Ali Akhan
Forfatter(e) Jafor Ali Akhan

Kategori Kredit og kreditinstitutioner

ISBN-13 9788177082296

Sprog Engelsk

Indbinding Hardback

Sider 210

Udgave

Længde 29mm

Bredde 153mm

Højde 220mm

Udg. Dato 1 jan 2010

Oplagsdato 1 jan 2010

Forlag New Century Publications