Growth and development of non-banking financial companies in


TABLE NO. 2: THE NUMBER OF NBFCS REGISTERED WITH THE RBI (1999 – 2010)



Download 0.7 Mb.
View original pdf
Page6/14
Date17.12.2021
Size0.7 Mb.
#57932
1   2   3   4   5   6   7   8   9   ...   14
paper464
TABLE NO. 2: THE NUMBER OF NBFCS REGISTERED WITH THE RBI (1999 – 2010)
End June All NBFCs
NBFCs Accepting Public Deposits
1999 7,855 624 2000 8,451 679 2001 13,815 776 2002 14,077 784 2003 13,849 710 2004 13,764 604 2005 13,261 507 2006 13,014 428 2007 12,968 401 2008 12,809 364 2009 12,740 336 2010 12,630 308
Source: Report on Trend and Progress of Banking in India, 2010-11.


RIJSS Volume 3, Issue 10 (October. 2014) ISSN: 2250 – 3994
Journal of Radix International Educational and Research Consortium
5 |
P age www.rierc.org
Note: Figures relating to 1997 and 1998 are not available. The Table No. 2 shows that the number of NBFCs has been drastically reduced from 51,929 into as on June 1999. The sudden decline in the number of NBFCs is mainly because of the new regulatory measures introduced by the RBI. Out of the 7,855 NBFIs registered with the RBI during 1999, only 624 were permitted to accept deposits. By the end of June 2009, the number of NBFCs registered with the RBI stood at 12,740, of which 336 were accepting public deposits. Table 4.2 also shows that there has been an increase in the number of NBFCs registered with the RBI from 1999 to 2002, after which there has a marginal decrease in the number of NBFCs registered.

Download 0.7 Mb.

Share with your friends:
1   2   3   4   5   6   7   8   9   ...   14




The database is protected by copyright ©ininet.org 2024
send message

    Main page