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What Causes NBFCs To Fail? How Can NBFCs Prevent It From Occurring Again?
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What Causes NBFCs To Fail? How Can NBFCs Prevent It From Occurring Again?
#BTBankingSummit #BTBestBanks #Economy #Banking #Banks #nbfc How can the sustainability of NBFCs be made more certain? Ramesh Iyer, Vice Chairman and MD, Mahindra Finance, says that Instead of funds, an NBFC's failure to manage liabilities caused it to fail or collapse. He claims that poor capital management and poor governance are also to blame for NBFC collapse. Ramesh continues by saying that the failure of one NBFC increased pressure on other NBFCs to raise money from the market. Ramesh further adds that any organisation of this nature needs highest order of governance. Watch this Exclusive conversation with Saurav Majumdar, Editor, Business Today. ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in Facebook: / businesstoday twitter: / business_today Instagram: / business_today
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