Venkatesh Chaturvedi is teaching live on Unacademy Plus
Economic Survey of India - V2 Chapter 3: Monetary Management and Financial Intermediation Lesson 4 J)resented, Venkatesh Chaturvedi
About Me B.Tech. from IIT Patna in Electrical Engineering Recipient of Director's Gold medal at IIT Patna Category Leader at Unacademy Appeared for UPSC CSE mains in 2016 Interests : Football, Guitar, Music & Movies RATE REVIEW RECOMMEND Follow me on : https://unacademy.in/user/VenkateshChaturvedi
NON-BANKING FINANCIAL SECTOR Peer to Peer (P2P) and Account Aggregators are the new categories of NBFC that have been introduced recently NBFC Account Aggregator: financial entity that function as an account aggregator (for NBFC customers), who provides information on various accounts held by a customer in different NBFC entities. It will provide information on various accounts held by a customer in a consolidated, organised and retrievable manner NBFC P2P: Peer to Peer Lending Platform means an intermediary providing the services of loan facilitation via online medium or otherwise, to the participants. Capital to Risk Weighted Assets Ratio (CRAR) of NBFC sector declined slightly to 22.5 per cent as on end-September 2017 from 22.8 per cent as on March 31, 2017 The gross NPA ratio (per cent to advances) of NBFC sector declined to 5.5 per cent as on end- September 2017 from 6.1 per cent as on March 31, 2017 .