NBFCs
RBI Highlights Robust Prospects For NBFCs In Vehicle & Gold Loan Segments
The RBI’s September Bulletin states that, observing that Non-banking Financial Companies (NBFCs) play a vital role in India’s economic growth, these institutions, by providing finance for infrastructure, vehicles, housing, and consumer goods, improve aggregate demand, create jobs, and contribute to economic expansion.
RBI Highlights Robust Prospects For NBFCs In Vehicle & Gold Loan Segments
The RBI’s September Bulletin states that, observing that Non-banking Financial Companies (NBFCs) play a vital role in India’s economic growth, these institutions, by providing finance for infrastructure, vehicles, housing, and consumer goods, improve aggregate demand, create jobs, and contribute to economic expansion.