Wednesday, May 20, 2015

Investment Firms in Delhi - Flourishing at a Faster Rate




Investment firms in Delhi have surfaced up as one of the most upcoming investment platforms in Delhi/NCR. In the recent times, the finance industry of the sector has witnessed a boom due to better norms made alive by the Reserve Bank of India. Many entrepreneurs as well as professionals are willingly coming forward to invest in the investment firms in Delhi because the city is a house to some of the highest return providing Non-Banking Financial companies. Also, there are a lot of working professionals in the city who find a secondary source of monetary help in the form of the ROI obtained from their investments every month.

The uplift of Non-Banking Financial Companies has come about due to a number of reasons. Organizational flexibility allows them to offer tailor-made services relatively faster than banks and other financial institutions resulting in a better response mechanism. They also play a crucial role in the rural and social sectors of the economy as financing in both the rural as well as urban areas provide a spin-off benefit by helping both entrepreneurs and professionals financially. The core strength of Non-Banking Financial Companies lays in their strong customer relationships, excellent understanding of regional dynamics, and well-developed collection systems and personalized services.

In the past decade, NBFCs have played an important role in the expansion of the consumer durables, housing & transport sectors. However, the industry is now witnessing a paradigm shift, as competition is increasing in the retail market space, which was previously dominated by NBFCs. These companies have started gaining momentum in the last few decades with a wide variety of products and services. Main function of Non-banking Financial Companies is to collect public funds and provide loan to the loan seekers. There has been a significant increase in such companies since 1990 and they are playing a vital role in financial development of the country. Now, they are focusing on retailing sector, housing finance, personal loans and marketing of insurance. 

Many of the NBFCs have ventured into the domain of mutual funds and insurance. Thus, NBFCs can be interpreted as “Financial Institutions” that are in the process of converting themselves into “Financial Super Markets”.





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