Performance of NBFC’s in Indiabulls

Type :

Theses

Pages :

45 pages

Format :

.doc

Published date :

04/20/2009

Category :

Economics & finance

Sub category :

Finance

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Summary :

Introduction
A background study of non-banking financial companies (NBFC)
Objectives of the study
Importance of the study
Important financial analysis templates
1. Major benefits
Scope of the study
Review of literature
Roles and regulations of the NBFCs
Regulatory initiatives for financial institutions
Regulatory challenges Non-bank financial institutions (NBFIs)
Banking regulation and supervision
History of NBFC
NBFC policy implications
Company profile
1. Indiabulls current organization structure
Data analysis and interpretation
Findings and conclusion
Bibliography

Abstract

Non-banking Financial Institutions carry out financing activities but their resources are not directly obtained from the savers as debt. Instead, these Institutions mobilize the public savings for rendering other financial services including investment. All such Institutions are financial intermediaries and when they lend, they are known as Non-Banking Financial Intermediaries (NBFIs) or Investment Institutions. Apart from these NBFIs, another part of Indian financial system consists of a large number of privately owned, decentralized, and relatively small-sized financial intermediaries. Most work in different, miniscule niches and make the market more broad-based and competitive. While some of them restrict themselves to fund-based business, many others provide financial services of various types. The entities of the former type are termed as "non-bank financial companies (nbfcs)". The latter types are called "non-bank financial services companies (nbfcs)". Post 1996, Reserve Bank of India has set in place additional regulatory and supervisory measure that demand more financial discipline and transparency of decision making on the part of nbfcs. nbfcs regulations are being reviewed by the RBI from time to time keeping in view the emerging situations. Further, one can expect that some areas of co-operation between the Banks and nbfcs may emerge in the coming era of E-commerce and Internet banking.  The RBI regulates nbfcs engaged in Equipment leasing, hire purchase finance, loan and investment, residuary non-banking Companies (RNBCs) and the deposit taking Activity of miscellaneous non-banking Companies (chit funds). With the amendment Of the RBI Act in 1997, it is obligatory for nbfcs to apply for a certificate of registration (COR). As at the end of June, 2004, the RBI Received 38,050 applications for registration. Out of these, the RBI approved 13,671 Applications, including 584 applications of Companies authorized to accept public Deposits. The supervisory role of the RBI Encompasses on-site inspection, off-site Monitoring, market intelligence and exception Reports of statutory auditors.