NBFCs, fintech companies urge FM Sitharaman to enhance lending facilities ANI | Updated: Jan 19, 2021 14:48 IST
By Shailesh Yadav As expressed by the Prime Minister, there is a need to revive economic growth. This requires great effort for financial inclusion, including increased lending, said Harsh Kumar Bhanwala, Executive Chairman of Capital India.
Banks and capital markets play a big role but NBFCs be it micro-finance or otherwise also play a significant role in lending for small and medium enterprises. They serve in areas where banks are not accessible, said Bhanwala. Secondly, we request a separate window from refinancing entities for these small and medium NBFCs so there is assured line available to them for all type of accounts.