Article Details

The Impact of Government Intervention on the NBFC Crisis | Original Article

Harshil Sharma*, Rinku Batrani, in Journal of Advances and Scholarly Researches in Allied Education | Multidisciplinary Academic Research


NBFC is an enterprise established in accordance with the Companies' Act of 1956 which is involved in the purchase of government-issued shares and loans. Non-bank financial firms (NBFCs) are financial entities that provide diverse banking services but have no banking licence, thus they are also known as non-bank financial institutions (NBFIs). In the financial accounts of the banking sector, non-performing assets evaluate profitability assets quality. The quality of assets is one of the most essential aspects for evaluating a bank and NBFC's overall health. AQR is one of the key responsibilities when evaluating a bankoverall NBFC's performance. AQR should analyse the borrower's accounts. The personal loan information must be obtained by AQR. Asset quality assessment is to determine the recipient's financial health. The NBFCs sector is to be reviewed by AQR. The principles and procedures followed by qualitative methods should be determined by AQR. The ICRA except that at the conclusion of the present fiscal year the incompetence of NBFC (NPAs) would grow from 4.5 reported at the end of fiscal 2020 to 5.60 to 6.80 in loans.