Description

NBFC (Non-Banking Financial Companies) is a Company registered under Companies Act 1956/2013, engaged in the financing activities. NBFCs are an essential part of the Indian financial system due to the enhancement of competition and diversification in the financial sector, spreading risks specifically at times of financial distress and also recognized as complementary to the banking system at competitive prices. The number of NBFCs has increased immensely in the last few years since the venture capital companies, retail and industrial companies have entered into the lending business.
NBFC is a heterogeneous group of financial institutions. They offer facilities like equipment lease finance, hire purchase finance, personal loans, vehicle financing, working capital loans, housing loans, loans against shares and investment, etc.
Module 1 -Understanding the structure, Organisation, and the legal frame work of NBFCs
Module 2 -Identifying the various services offered by NBFCs in India
Module 3 – Applying and evaluating the methodologies and models of Micro finance
Module 4 – Analysing the various financial services offered by the micro finance clients in India
Module 5 – Analysing the need of alternate suppliers of capital and importance of Financial inclusion in India.
The course on NBFCs and Micro Finance helps the students to familiarize with the concepts of Non-Banking Financial Companies (NBFCs), Financial Inclusion. The course equips students with a balanced exposure in Micro finance and its implication on the economy. Also gives an understanding of emerging trends in financial inclusion plans of the government.