Savitribai Phule Pune University (SPPU), Pune-411 007, India
*E-mail: g.chandratreya@gmail.com
Online published on 19 September, 2020.
The present research analyses the growth of NBFCs over the past few years and map the changing face of NBFCs in India. The statistical information for the research is obtained from authentic government and other published records. The profitability ratios, investor relation ratios, efficiency ratios and performance of NBFC sector have shown a continuous and consistent growth in the sector, whereas solvency ratios show negative sign for the sector. Based on the analysis NBFCs have shown an excellent growth trend in past five years. It is expected to transform facade of finance companies in India in coming ears. Its organized way of working is a leaning example of all the banks in India and beyond.
NBFCs, MSMEs, Changing face of NBFCs