Abstract: This paper involves study of the Non-Banking Financial Companies in India and the recent crisis which is being faced by them. The aim of this paper is to study the causes of the crisis in NBFCs and to study the impact of the crisis on the economy as a whole. The paper also highlights the preventive steps which can be taken in order to avoid such a crisis in the future.
Keywords: Non-Banking Financial Companies, economy, crisis.
Title: CRISIS IN IL&FS ULTIMATELY AFFECTING THE CREDIBILITY OF NON-BANKING FINANCIAL COMPANIES
Author: Ambika Bhatia, Ayena Gill
International Journal of Interdisciplinary Research and Innovations
ISSN 2348-1218 (print), ISSN 2348-1226 (online)
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