NBFCs in India have seen diverse trends where on one hand they have given a stiff competition to established banks in the country and on the other hand have seen an emerging trend and strong complement to the banking industry. However even pre Covid19 the liquidity crunch forced the NBFCs to venture into alternative sources of revenue as the core businesses of loans and advances credit facilities were shrinking. The pandemic has been extremely challenging for the economy and this sector has been no exception. The current paper studies the impact of the pandemic on the NBFC sector of India. It studies the performance of the NBFCs using CAGR, Profitability ratios etc. in the pre and post Covid era and the business models that are being applied in order to cope up with the current situation.
CITATION STYLE
Khatri, R., & Modi, A. (2022). Performance of NBFCS. International Journal of Health Sciences, 4850–4860. https://doi.org/10.53730/ijhs.v6ns2.6168
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