Non-Banking Financial Companies offer various financial services but do not accept public deposits like current & savings accounts i.e. demand deposits. The Non-Banking Financial Companies industry has become a significant and rapidly expanding part of India's economy. Their core businesses include lending, such as micro-loans, consumer loans, vehicle loans, housing loans, farm equipment loans, and others, as well as leasing and hire-purchase transactions.
Additionally, the growth of the Non-Banking Financial Companies sector creates job opportunities in finance and related industries, further supporting the growth of the Indian economy. Moreover, the presence of Non-Banking Financial Companies leads to competition within the financial sector, promoting innovation and better customer services. Overall, NBFCs play a vital role in enhancing financial access, supporting economic growth, and creating job opportunities in India. There are over 11,000 registered Non-Banking Financial Companies in India.
The NBFC Credit Officers program is a specialized initiative designed to meet the specific needs of the Non-Banking Financial Company sector.
This is an intensive and rigorous training program to cater for the needs of Non-Banking Financial Companies. Our trainers possess extensive knowledge and have significant experience in their field of expertise.Our approach combines pre-reading lessons, classroom training, online sessions, and case studies.