NBFCs: Medium Term Prospects
Published By: Reserve Bank of India | Published Date: December, 21 , 2015World over, there is an awakening, post the great financial crisis of 2008, about the existence, contribution, magnitude, significance and risks of non-banking financial sector. The business model of NBFCs is inherently risk prone. Weaker underwriting standards, enhanced risk taking capabilities and increased complexity of their activities cause concerns.
Author(s): R Gandhi | Posted on: Dec 22, 2015 | Views() | Download (213)