NBFC account aggregator - Long term investments, aids and subsidiaries to small and medium scale businesses, a dynamic debt framework and natural progression to green economy can be active markers in recovery. All of these will be directly or indirectly affected by market credit along with ‘Data Democratisation’. NBFCs are emerging once again as a potential avenue for credit disbursement, with the central bank enabling easing of policy via their regulations and decisions. Banking sector will have to focus on lending with limited potential in investments and bonds.
