Volume : IV, Issue : XII, December - 2014

ANALYSIS OF FINANCIAL PERFORMANCE OF NON–BANKING FINANCIAL COMPANIES IN INDIA

R. Sowndharya, Dr. R. Shanmugham

Abstract :

The Non–Banking Financial Companies (NBFCs) have been considered as the one of the segments of the Indian financial system. In the 1980’s this sector had a mushrooming of institutions and the profile of the industry has undergone many changes over the years. NBFCs are successful in rendering a wide range of services. Initially intended to cater to the needs of savers and investors, NBFCs later on developed into institutions that can provide services similar to bank. In this paper an attempt has been made to empirically analyse the performance of the NBFCs (Auto financing and Other Asset financing) in India across the period of 2007–2012. This study examines the profitability, efficiency and turnover aspects of the selected NBFCs. The findings indicate that the NBFCs differ significantly in terms of Profitability and Leverage indicators from one another.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

R. SOWNDHARYA, Dr. R. SHANMUGHAM Analysis of Financial Performance of Non-Banking Financial Companies in India Indian Journal of Applied Research, Vol.4, Issue : 12 December 2014

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