Volume : VI, Issue : VI, June - 2016

A STUDY ON SELECTED NON�BANKING FINANCIAL COMPANIES (NBFCs) IN INDIA

Dr. S. Kamalaveni

Abstract :

 In India, the term "non–banking financial companies" acquires a new meaning, and a huge significance. The meaning of the term is such entities which are not banks, and yet carry lending activities almost at par with banks. They may also accept deposits – however, these deposits are term deposits and not call deposits. The working and operations of NBFCs are regulated by the Reserve Bank of India (RBI) within the framework of the Reserve Bank of India Act, 1934 (Chapter III B) and the directions issued by it. The statistical tools used are arithmetic mean, standard deviation, co–variance and compound annual growth rate. Correlation has been calculated to find out the relationship between loans & advances and borrowings. Profitability ratios are used to find out how far the resources of the companies are used effectively during the study period.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr. S. Kamalaveni A STUDY ON SELECTED NON�BANKING FINANCIAL COMPANIES (NBFCs) IN INDIA Indian Journal of Applied Research, Vol.6, Issue : 6 JUNE 2016


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