IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-01609062.html
   My bibliography  Save this paper

Solvency Analysis of Non Banking Financial Companies in Tamilnadu

Author

Listed:
  • D. Venkadesh

    (A.V.V.M. Sri Pushpam College)

Abstract

In recent times, non-banking financial companies (NBFCs) have emerged as substantial contributors to the Indian economic growth by supplementing the efforts of bank and other development financial institutions. NBFCs play a key role in the direction of savings and investments. On the basis of their legal status and their principal activities, the NBFCs have been classified as Loan Company, Hire purchase finance company, Equipment leasing company, Investment Company and Residuary non-banking company. The scope of the NBFCs is fast growing with the multiplication of financial services. Some of the NBFCs are also engaging in underwriting through subsidiary units, and by offering allied financial services including stock broking, investment banking, asset management and portfolio management. In this paper discussed to appraise the solvency of selected NBFCs. Solvency is a vital indicator of economic performance of an economic system. In fact, it is a mechanism for improving the material quality of life. Solvency is fundamental to progress throughout the world. It is at the heart of economic growth and development, improvements in standards of living and quality of life. In this paper mainly focused on branch productivity and employee productivity of selected NBFCs.

Suggested Citation

  • D. Venkadesh, 2017. "Solvency Analysis of Non Banking Financial Companies in Tamilnadu," Post-Print hal-01609062, HAL.
    • Handle: RePEc:hal:journl:hal-01609062
    Note: View the original document on HAL open archive server: https://hal.science/hal-01609062
    as

    Download full text from publisher

    File URL: https://hal.science/hal-01609062/document
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-01609062. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.