NBFCs are playing very important role in growth and development of Indian economy. They complement the mainstream banking system by delivering credit to the underserved market segment. They have been at the forefront of lending to Real Estate, Construction, Asset-based Lending, Consumer Finance and Unsecured Personal Lending. By widening the ambit of and access to financial services, NBFCs bring in efficiency and diversity into financial intermediation. As per current estimates, NBFCs contribute around 25% to the total credit in India.
Small and Medium-sized Enterprises (SMEs), on the other hand, have been key drivers of Indian economy. SMEs contribution to Indian economy is around 30%.
Mr. Anand Rathi | Founder & Chairman - Anand Rathi Group
NBFCs have been at the forefront of financial inclusion in India, lending to underserved and uncovered and deepening access to formal credit has helped in inclusive growth. We at Anand Rathi Global Finance Limited (ARGFL) take pride in being one such institution that is at the forefront of providing quick and easy access to credit to Individuals, MSMEs as well as the Real-Estate sector which are the pillars of the economic growth of a country. The easy availability of credit will enable these enterprises to grow in their line of business which will lead to the overall growth of the economy.
At Anand Rathi Global Finance, we are committed to delivering responsive and excellent service to all our customers. With customer satisfaction as the focal point of our business, we have established strong processes to ensure timely and accurate delivery. As our customers grow, we will grow.
Mr. Jugal Mantri | Executive Director & CEO Anand Rathi Global Finance Ltd