{"id":11207,"date":"2020-06-23T17:15:29","date_gmt":"2020-06-23T11:45:29","guid":{"rendered":"https:\/\/swaritadvisors.com\/learning\/?p=11207"},"modified":"2020-06-23T17:25:42","modified_gmt":"2020-06-23T11:55:42","slug":"nbfc-vs-banks-how-nbfcs-are-bridging-banking-loopholes-in-india","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/learning\/nbfc-vs-banks-how-nbfcs-are-bridging-banking-loopholes-in-india\/","title":{"rendered":"NBFC vs Banks: How NBFCs Are Bridging Banking Loopholes in India"},"content":{"rendered":"\n

Loans have become an essential part of availing immediate financial assistance, be it for personal use or business purposes. Loans may be used to boost business, handle some personal emergency, purchase some property or uplift the borrower\u2019s living standards. Earlier, traditional banks were known to dominate and lead the Indian financial sector. However, in the recent years, the situation has changed, with the advent of NBFCs (Non-Banking Financial Companies) in India. In this learning blog, we will discuss in-depth the concept of NBFC vs Banks<\/strong> and how NBFCs are bridging the gaps left by banks in serving the credit needs of the public<\/strong>.<\/p>\n\n\n\n

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