Non-Banking Financial Companies (NBFCs) which account for 15 percent credit share in our financial system have achieved the present state of vibrancy largely on account of the inherent capabilities they wield. Rising up to their mandate to facilitate financial inclusion for the country, NBFCs are…
Tag: non-banking financial companies (NBFCs)
Currency Switch Impact | Start-ups see decline in business after demonetisation: Survey
Non-banking financial companies (NBFCs) will raise their share of overall loans by 300 basis points (bps) to 17.6% in the next three fiscals, ratings agency Crisil said in a statement on November 23. This will be equivalent to the growth that the companies have seen in the last five years, largel…
SEBI proposes relaxed norms for start-up listing
To encourage listing of start-ups, the Securities and Exchange Board of India (Sebi) on July 29 proposed an easier framework that allows more investor categories, relaxed shareholding norms and reduced trading lot amount. In this regard, the markets regulator has mooted changes to the framework o…