Performance of Non-Banking Financial Companies and Residuary Non-Banking Companies in India

  • Dr. Ram Niwas Sangwan Assistant Professor, Commerce, Government College, Kharkhara, Rewari

Abstract

The highest annual growth rate of no. of reporting companies was in the year 1998-99 in post liberalization phase I period. The highest decrease in annual growth rate of NBFC & RNBC’s is in the year 2007-08 in post liberalization phase II period. The public deposits of RNBC’s are increasing every year as opposite to NBFC’s in post liberalization phase I period. The highest decrease in annual growth rate of NBFC is in the year 1998-99 i.e. 39%, while the highest increase in annual growth rate of RNBC’s is in the year 2002-03 i.e. 14%. In post liberalization phase II period, the public deposits of NBFC’s are increasing after 2008-09 while the reporting NBFC’s are decreasing continuously. This shows that the working efficiency of NBFC’s is increasing. The public deposits of RNBC’s are decreasing in post liberalization phase II period. This may be due to that the reporting RNBC’s are very few in this period.

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Published
2018-05-28
Section
Articles