NBFCs : A new hope, or hopeless? The Liquidity crunch, cautious lending by banks and poor primary market conditions have brought forward a great opportunity for NBFCs to jump into the big league and be the saviour for the day when it comes to ensuring the country’s GDP growth gets the much required jump-start. But the question remains, are they ready for the challenge?
Long before the world succumbed to the biggest financial crisis of the modern era in 2007, the erstwhile Fed Chairman Alan Greenspan had stated while addressing a conference on financial markets organ... Read More
QFIs to invest in India - good news? Till date, retail foreign investors were not allowed to participate in the Indian stock market. Only FIIs were. Therefore allowing foreign investors in India through the (Qualified Foreign Investor) QFI route will make the market less volatile. There are other outcomes too.
So far only non-resident Indians and registered foreign institutional investors and their sub-account could invest directly in the market. From January 15, 2012, foreign retail investors can also inve... Read More