Volume 18, No. 6, 2021

Trend Analysis Of Non-Performing Assets In Non-Banking Financial Institution


Joseph Antony P , Dr. Vinita Mittal

Abstract

Non-Banking financial companies play an important role in access to financial services enhancing competition and diversification of the financial sector. There are various types of institutions involved in the financial services of India. This includes commercial banks, financial institutions and Non-banking finance companies. Due to the financial sector reforms, Non-banking financial companies have been emerged as an integral part of the Indian financial system. Non-banking finance companies frequently act as suppliers of loans and credit facilities and accepting the deposits, operating various mutual funds and similar other functions. They are competitive and complementary to banks and financial institutions. This study is in focus to analyse the trend in NBFIs in India during 2016-2020.


Pages: 6464-6478

Keywords: Non-Banking Financial Companies (NBFC) in India made a humble beginning way back in the 1960ís to serve the need of the savor and investor whose financial requirements were not sufficiently covered by the existing banking system in India.

Full Text