BFSI Summit: Central bank action on some NBFCs warranted, says K V Kamath

Quick Summary:

The financialisation of savings has been propelled by technology.

With a rising credit-deposit ratio and increasing financialisation, are we witnessing a structural shift in the financial ecosystem?

From double digits, we are looking at a 5 per cent or so growth rate.

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Article Details

Category: BusinessFinance

Markets: IndiaChina

Topics: NaBFID Chairman KV Kamath RBI Business Standard BFSI Insight Summit 2024 NBFCs Indian economy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 20:56:43 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1183 words

Reading Time: 7 minutes read

Sentences: 77 lines

Sentence Length: 16 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23471357

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