Please enable JavaScript.
Coggle requires JavaScript to display documents.
NBFC (importance (account for about 15% lending in india, contribute…
NBFC
importance
-
-
promote inclusive growth by catering to a variety of customers.( housing, infra, small industries)
-
they face asset liability mismatch like banks but there are no rbi regulations that prevent them from taking risks.
IL&FS crisis
funds infra projects, defaulted on loan repayment
-
LIC, SBI, HDFC have stakes in the group
-
way ahead
short term- sale of assets and payment od dues, arrangement of adequate liquidity for continuance of infra projects
-
-
-
deepening the debt markets- access to long term funds for infra players, NPA resolution can increase sources of long term debt
-
-
-
impact
-
-
-
negatively affect both infrastructure financing and household consumption as NBFC also drive household purchases like consumer durables
A Non Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, acquisition of shares, stock, bonds, hire-purchase insurance business or chit-fund business
-
-