Kód: 06420079
Non-banking financial companies (NBFCs) constitute a heterogeneous lot of privately-owned, small-sized, financial intermediaries which provide a variety of services, including equipment leasing, hire purchase, loans, investments, ... celý popis
1137 Kč
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Non-banking financial companies (NBFCs) constitute a heterogeneous lot of privately-owned, small-sized, financial intermediaries which provide a variety of services, including equipment leasing, hire purchase, loans, investments, and chit fund activities. These companies play an important role in providing credit to small borrowers at the local level. Hire purchase finance is by far the largest activity of NBFCs. In India, NBFCs have been the subject of focussed attention since the early 1990s. The rapid growth of NBFCs has led to a gradual blurring of the dividing lines between banks and NBFCs, with the exception of the exclusive privilege that commercial banks exercise in the issuance of checks. NBFCs are widely dispersed across India and their management exhibits varied degrees of professionalism. Furthermore, the depositors have varied degrees of perceptions regarding safety of their deposits while making an investment decision. This book provides an exhaustive account of the funct
1137 Kč
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