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Non-Banking Financial Companies Role in India's Development
- A Way Forward
Engelsk
Bogcover for Non-Banking Financial Companies Role in India's Development af Saumitra Bhaduri, K. R. Shanmugam, R. Kannan, 9789811333743
Specifikationer
Sprog:
Engelsk
Sider:
142
ISBN-13:
9789811333743
Indbinding:
Hardback
ISBN-10:
9811333742
Kategori:
Udg. Dato:
24 jun 2019
Størrelse i cm:
23,5 x 15,5
Oplagsdato:
24 jun 2019

Non-Banking Financial Companies Role in India's Development

- A Way Forward
Engelsk
Hardback 2019
Format:

Bog beskrivelse

This book examines the trend and growth of non-banking financial companies (NBFCs), both from balance sheet and regulations view-points. It further investigates the role of NBFCs in furthering financial inclusion, last-mile delivery of credit and their contribution to financial sector.

Since the Reserve Bank of India (RBI) formally recognised the NBFCs in India in 1964, they have increased significantly in terms of size, form and types of products and instruments. They have also managed their asset quality better than banks. Traditionally they were dependent on banks for funds, but after the global financial crisis they began to tap the capital market.  Concomitantly, the RBI regulations have closed the fault lines and tightened rules.

The book assesses whether NBFCs in India should be treated as shadow banks, discusses how to achieve the right amount of regulation and safeguards without unduly stifling the NBFC sector, and studies the funding opportunities and challenges of NBFCs in India. As such, it serves as a basic reference for students in finance, and a valuable tool for professionals such as policymakers and investment analysts and other stakeholders in the finance area.

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Specifikationer
Sprog:
Engelsk
Sider:
142
ISBN-13:
9789811333743
Indbinding:
Hardback
ISBN-10:
9811333742
Kategori:
Udg. Dato:
24 jun 2019
Størrelse i cm:
23,5 x 15,5
Oplagsdato:
24 jun 2019
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