Non Bank Finance Companies (NBFCs): Outlook and Challenges Industry Outlook

Non Bank Finance Companies (NBFCs): Outlook and Challenges Industry Outlook

Friday, July 24 2020

It is widely agreed across the development spectrum that a sound financial system is a pre-requisite to a robust and sustainable modern economy1. A survey of literature of all advanced economies clearly reveals that sophisticated financial systems efficiently deliver a broad range of financial services and act as a critical pillar in contributing to macroeconomic stability and sustained economic growth and prosperity2.

It is widely agreed across the development spectrum that a sound financial system is a pre-requisite to a robust and sustainable modern economy1. A survey of literature of all advanced economies clearly reveals that sophisticated financial systems efficiently deliver a broad range of financial services and act as a critical pillar in contributing to macroeconomic stability and sustained economic growth and prosperity2.

It is widely agreed across the development spectrum that a sound financial system is a pre-requisite to a robust and sustainable modern economy1. A survey of literature of all advanced economies clearly reveals that sophisticated financial systems efficiently deliver a broad range of financial services and act as a critical pillar in contributing to macroeconomic stability and sustained economic growth and prosperity2.

It is widely agreed across the development spectrum that a sound financial system is a pre-requisite to a robust and sustainable modern economy1. A survey of literature of all advanced economies clearly reveals that sophisticated financial systems efficiently deliver a broad range of financial services and act as a critical pillar in contributing to macroeconomic stability and sustained economic growth and prosperity2.

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