Budget Expectation 2019 to resolve NBFC crisis

Santanu Agarwal, Chief Innovation Officer (CIO), Paisalo Digital Limited (NBFC)

By Santanu Agarwal

"The honourable finance minister Nirmala Sitharaman is all set to present the budget of the fiscal year 2019-20 on 5^th July 2019.

Non-bank financial Company (NBFC) are looking forward to some important announcements which will help in overcoming the NBFC crisis in India. NBFC continues to be an important part of the financial sector, with over one-fourth of the credit flow still coming from non - banks."

The author is Chief Innovation Officer (CIO) at Paisalo Digital Limited (NBFC)

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