BSE

Thursday, March 17, 2011

NBFCs push into retail space


NON-BANKING financial companies (NBFC’s) are well-positioned to establish a stronger presence in the retail finance space, and match the mon-mortgage retail leading portfolio of banks by March 2013. It estimates that the retail loan portfolio of the NBFC sector will grow to over Rs. 400000 crore by March 2013. NBFC will need to adapt to a more stringent regulatory environment. Competition in the resource profiles, maintain competitive borrowing costs, and ensure skilled human resources for growth.

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