The Indian Financial Services industry is a proxy to the Indian economy and one of its important pillars to provide lifeline to a large growing need for funds. In the past 10 years, it has grown by leaps and bounds. The entire financing needs of the country have moved from financial institutions to banks, banks to NBFCs and mutual funds.
Currently, there are 10,292 NBFCs registered with RBI and 43 fund houses with SEBI. With more players entering this industry, availability of funds too ..
