Ashwini Kumar, Additional Economic Advisor, Ministry of Housing & Urban Affairs, Government of India at NBFC100 Tech Summit 2017 | elets Tv

Role of NBFCs in optimal allocation of capital

Ashwini Kumar, Additional Economic Advisor, Ministry of Housing & Urban Affairs, Government of India at NBFC100 Tech Summit 2017

Optimal allocation of available capital in the credit market has an important role to play in the Banking, Financial Services and Insurance (BFSI) sector. It is well known that the credit market has the problem of asymmetric information and that is where the Non-Banking Financial Companies (NBFCs) have an edge.
NBFCs are known to have a better knowledge of the ground level insights of their customers and it actually enables them to address the problem of asymmetric markets in a better way than the banks.
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