A review on impact of financial sector reforms on non-banking financial corporation
Dr. Vivekanandan K, Dr. Mohan N
Non-banking financial corporations, or NBFCs, are financial institutions that provide banking services, but do not hold a banking license they fulfil financial requirements of business and society. They provide variety of financial instruments such as leasing finance hire purchase, mortgage, chit funds, loan against gold etc. A lot of the studies were already made and published to explore the impact of Reforms on NBFCs, role of NBFCs in economy, their development & growth, evaluation of NBFCs in India and future challenges etc. In present study an attempt is made through review of literature to find out the research gap in the impact of financial reforms on non- banking financial sector.