5 performance metrics every NBFC should track Visit : https://finalyzer.beyondsquare.com Non-banking finance companies (NBFCs) form an integral part of the Indian financial system. They play an important role by complementing the banking sector in reaching out credit to the unbanked segments of society, especially to the micro, small and medium enterprises (MSMEs), which form the base of entrepreneurship and innovation. The role of NBFCs becomes even more important now, especially when the government has a strong focus on promoting entrepreneurship so that India can emerge as a country of job creators instead of being one of job seekers. The NBFC sector in India has undergone a significant transformation over the past few years. The success of NBFCs can be clearly attributed to their better product lines, lower cost, wider and effective reach, strong risk management capabilities to check and control bad debts, and
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