Financial services regulation: Is there a future for NBFCs?
BY Santosh Singh & Nidhesh Jain
The sector has gone through many regulatory changes in the recent past, with life insurance on course to recover from the changes in Q4CY10.
Recent proposed and notified regulatory changes have damaged the prospects of the Indian financial sector (ex-banks), with the expectation that sustainable ROEs will fall for most businesses. As a result stocks have de-rated and several are trading at...
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