Non-Banking Financial Institutions

I. Non-Banking Financial Institutions (NBFIs) have been intermediating a growing share of the resource flows to the commercial sector. NBFIs regulated by the Reserve Bank are all-India Financial Institutions (AIFIs), Non-Banking Financial companies (NBFCs) and primary dealers (PDs) (Chart ). AIFIs, largely an outcome of development planning in India, were created as apex public entities for providing long-term financing / refinancing to specific sectors. NBFCs, on the other hand, are mostly private sector Institutions that specialise in meeting the credit needs and a variety of Financial services of niche areas which, inter alia, include financing of physical assets, commercial vehicles and infrastructure loans. PDs, which came into existence in 1995, play an important role in both the primary and secondary markets for government securities. In terms of balance sheet size, AIFIs constitute 23 per cent of NBFIs total assets, while NBFCs represent 76 per cent and standalone PDs constitute 1 per Financial Institutions (NBFIs) are an important alternative channel of finance for the commercial sector in India s bank dominated Financial sector.

inclusion and catering to the needs of small businesses and specialised segments is an additional ... accept public funds and do not have / intend to have customer interface, are considered on a fast- ... Investment Company Acquiring securities for purpose of selling. 4. NBFC- Infrastructure Finance Company (NBFC-IFC) Providing infrastructure ...

Loading..

Tags:

  Financial, Investment, Fund, Institutions, Banking, Specialised, Non banking financial institutions

Information

Related search queries