Regulatory Developments and Prudential Norms

R. Kannan (), K.R. Shanmugam and Saumitra Bhaduri
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R. Kannan: Madras School of Economics

Chapter Chapter 3 in Non-Banking Financial Companies Role in India's Development, 2019, pp 37-60 from Springer

Abstract: Abstract Non-bank financing companies form an integral part of the Indian financial system. In addition to banks, NBFCs also provide funding for various important economic activities, thereby contributing to the growth of the Indian economy. By this process, the NBFCs provide a healthy competition to the banks in terms of various service parameters.

Date: 2019
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DOI: 10.1007/978-981-13-3375-0_3

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