Friday, November 9, 2012

Non-banking financial sector seeing consolidation


The Non-banking financial sector was seeing consolidation, with companies placed comfortably on the capital front, said a Reserve Bank of India (RBI) report on banking in India, 2011-12. Currently, the sector comprises a heterogeneous group of institutions, which caters to a wide range of financial requirements. Major intermediaries include financial institutions, non-banking financial companies (NBFCs) and primary dealers.........

No comments: