03659nam 22005415 450 991035033230332120251113180421.0981-13-3375-010.1007/978-981-13-3375-0(CKB)4100000008876643(DE-He213)978-981-13-3375-0(MiAaPQ)EBC5787880(EXLCZ)99410000000887664320190611d2019 u| 0engurnn|008mamaatxtrdacontentcrdamediacrrdacarrierNon-Banking Financial Companies Role in India's Development A Way Forward /by R. Kannan, K. R. Shanmugam, Saumitra Bhaduri1st ed. 2019.Singapore :Springer Nature Singapore :Imprint: Springer,2019.1 online resource (XXII, 142 p. 40 illus., 38 illus. in color.) India Studies in Business and Economics,2198-0020981-13-3374-2 Chapter 1: Status and Role of NBFCs -- Chapter 2: Growth and Development of NBFCs -- Chapter 3: Regulatory Developments and Prudential Norms -- Chapter 4: Acceptability of NBFCs to the Public -- Chapter 5: Demand for NBFCs’ Credit -- Chapter 6: Risk Management in NBFCs -- Chapter 7: Financial Inclusion and NBFCs -- Chapter 8: Banks and NBFCs in India: A Comparative Analysis -- Chapter 9: Non-Banking Financial Intermediaries: International Experiences -- Chapter 10: Conclusions and Recommendations.This book examines the trend and growth of non-banking financial companies (NBFCs), both from balance sheet and regulations view-points. It further investigates the role of NBFCs in furthering financial inclusion, last-mile delivery of credit and their contribution to financial sector. Since the Reserve Bank of India (RBI) formally recognised the NBFCs in India in 1964, they have increased significantly in terms of size, form and types of products and instruments. They have also managed their asset quality better than banks. Traditionally they were dependent on banks for funds, but after the global financial crisis they began to tap the capital market. Concomitantly, the RBI regulations have closed the fault lines and tightened rules. The book assesses whether NBFCs in India should be treated as shadow banks, discusses how to achieve the right amount of regulation and safeguards without unduly stifling the NBFC sector, and studies the funding opportunities and challenges of NBFCs in India. As such, it serves as a basic reference for students in finance, and a valuable tool for professionals such as policymakers and investment analysts and other stakeholders in the finance area.India Studies in Business and Economics,2198-0020Financial services industryDevelopment economicsMacroeconomicsFinancial ServicesDevelopment EconomicsMacroeconomics and Monetary EconomicsFinancial services industry.Development economics.Macroeconomics.Financial Services.Development Economics.Macroeconomics and Monetary Economics.332.1Kannan Rauthttp://id.loc.gov/vocabulary/relators/aut440841Shanmugam K. Rauthttp://id.loc.gov/vocabulary/relators/autBhaduri Saumitraauthttp://id.loc.gov/vocabulary/relators/autBOOK9910350332303321Non-Banking Financial Companies Role in India's Development2228267UNINA