Acceptability of NBFCs to the Public

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

Chapter Chapter 4 in Non-Banking Financial Companies Role in India's Development, 2019, pp 61-66 from Springer

Abstract: Abstract Although the origin of NBFCs could be traced back to early 1950s, they started their journey in the 1960s by covering both savers and investors who were not adequately covered by the formal banking sector, especially in the rural and semi-urban sectors.

Date: 2019
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DOI: 10.1007/978-981-13-3375-0_4

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