An overview of India's Non-Banking Financial Companies (NBFCs)

Contrary to popular belief, banks are not the only entities that facilitate the flow of finances in the Indian economy. Non-Banking Financial Companies (NBFCs) play a crucial role in modern day lending and financing in India.
This short video succinctly explains what NBFCs are all about, and highlights their importance in a vastly diverse country like India, where close to 70% of the population lives in rural areas.

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