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Regulatory Developments and Prudential Norms

  • R. KannanEmail author
  • K. R. Shanmugam
  • Saumitra Bhaduri
Chapter
Part of the India Studies in Business and Economics book series (ISBE)

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.

Copyright information

© Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  1. 1.Madras School of EconomicsChennaiIndia
  2. 2.Madras School of EconomicsChennaiIndia
  3. 3.Madras School of EconomicsChennaiIndia

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