@article {article1402, title = {Good beginning for NBFC regulations}, author = {Ranjit K Pattnaik}, journal = {Foundation of The Billion Press}, date = 2019-07-06, year = 2019, url = https://www.thebillionpress.org/columns/economy/good-beginning-nbfc-regulations-1402, Abstract = {While presenting the budget the Finance Minister (FM) recognises that NBFCs play an extremely important role in sustaining consumption demand as well as capital formation in the small and medium segment. In this context the FM mentioned that NBFCs that are fundamentally sound should continue to get fundings from banks and mutual funds without being unduly risk averse. } }