you are here: HomeNewsOpinion

What the Sumitomo-Mitsui acquisition of Fullerton tells us about the state of the NBFC sector

The high valuation is also perhaps a signal that the NBFC sector has left behind a torrid couple of years after the collapse of IL&FS

July 08, 2021 / 01:10 PM IST
What the Sumitomo-Mitsui acquisition of Fullerton tells us about the state of the NBFC sector

Image: Shutterstock

To borrow a phrase from Star Trek, non-bank finance companies in India boldly go where no bank has gone before. NBFCs and fintechs are quite happy to do business in segments where banks don’t want to or are too risk-averse to enter. Given the underpenetration of financial services in the Indian economy, it is no wonder that many are making a beeline for this sector. Many companies in this sector are trying to expand the market by using innovative methods...

  • PRO Panorama

    Moneycontrol Pro Panorama | The noose is tightening around Big Tech

    Jul 26, 2021 / 03:50 PM IST

    In today’s edition of Moneycontrol Pro Panorama: China’s Tibet messaging, long road ahead for Yes Bank, ITC’s ring of security, Monsoon Watch 2021, upcoming Fed policy review, mangoes and climate change, and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers