“An Impact Study of Role of NBFC: New Path of Development”

Non-banking Monitory corporations are Monitory intermediaries engaged in the business of accepting deposits delivering credit. They play an important role in channelizing the scarce Monitory resources to capital formation. NBFCs supplement the role of banking sector in meeting the increasing Monitory needs of the corporate sector by delivering credit to the unorganized sector and to small local borrowers. Current study is based on the role of NBFCs in Indian economic environment and further more it deals with the future prospects under current Monitory scenario. Finally the paper concludes with analysis of key performance trends the results shows that NBFCs have to focus more on their core strengths and with determination make an effort to look forward for new dimensions of Monitory business in order to endure and grow up continuously.