Documents

IFS1(project reportNBFC)

Description
pre sem project report on nbfc
Categories
Published
of 18
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.
Related Documents
Share
Transcript
  Page | 1 Submitted By: Abhishek Sachdeva UM10801 Arashdeep Singh UM10804 Class :   IT(BE-MBA) 9 th  sem Non Banking Finance Company  Page | 2 Table of Contents CHAPTER 1 Introduction to NBFC ...................................................................................................... 4 CHAPTER 2   NBFCs’  Global Scenario  ................................................................................................ 4   CHAPTER 3 NBFCs’ Indian Scenario  .................................................................................................... 4 CHAPTER 4 Literature Review ........................................................................................................... 4 CHAPTER 5   Research Methodology ................................................................................................... 4 CHAPTER 6   Hypothesis...................................................................................................................... 4 CHAPTER 7    Analysis .......................................................................................................................... 4  Page | 3 CHAPTER 8    Suggestions ................................................................................................................................. 4 References ............................................................................................................................ 1  Page | 4 Aim:   To study the Non Banking Finance Companies Chap Introduction: The Indian economy has been witnessing high rates of growth in the last few years. Financing requirements have also risen commensurately and will continue to increase in order to support and sustain the tremendous economic growth.  NBFCs have been playing a complementary role to the other financial institutions including  banks in meeting the funding needs of the economy. They help fill the gaps in the availability of financial services that otherwise occur in bank-dominated financial systems. The gaps are in regards the product as well customer and geographical segments.  NBFCs over the years have played a very vital role in the economy. They have been at the forefront of catering to the financial needs and creating livelihood sources of the so-called unbankable masses in the rural and semi-urban areas. Through strong linkage at the grassroots level, they have created a medium of reach and communication and are very effectively serving this segment. Thus, NBFCs have all the key characteristics to enable the government and regulator to achieve the mission of financial inclusion in the given time. Global Scenario: Global credit crisis followed by increase in interest rates in October and November 2008 resulted widespread crisis of confidence.Chain of events after the collapse of Lehman Brothers is still fresh in the minds of investors.    Non-Banking Finance Companies (NBFCs) worldwide were severely impacted due to economic slowdown coupled with fall in demand for financing as several businesses deferred their expansion plan. Stock prices of NBFCs‟ c rashed on the back of rising non-  performing assets and several companies closed their operations. International NBFCs‟ still continue to close down.   The positive news however is that, this crisis has forced NBFCs to improve their operations and strategies. Industry experts opine that they are much more mature today than they were during the last decade. The recent global financial crisis has however highlighted the importance of widening the focus of NBFC regulations to take particular account of risks arising from regulatory gaps, from arbitrage opportunities and from the inter-connectedness of various activities and entities comprising the financial system. The regulatory regime for NBFCs is lighter and different in many respects from that for the banks.
We Need Your Support
Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks