.....According to an RBI-appointed committee headed by former Deputy Governor Usha Thorat, India has about 12,500 NBFCs. More than 70 per cent of NBFC assets are with those the RBI classifies as systemically important - NBFCs that do not take deposits and have more than Rs 100 crore capital. The number of such NBFCs jumped from 151 in March 2006 to 295 in March 2010, and their assets more than doubled to Rs 5.67 trillion from Rs 2.51 trillion. In its report submitted in August 2011, the panel says borrowing by NBFCs from banks has risen in the last few years. "That means transferring the risk to NBFCs, which have the freedom to lend to any sector," it says.
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment