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Acceptability of NBFCs to the Public

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

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.

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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