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The Annual Financial Conclave 2019

September 18, 2019 @ 10:00 am

The Annual Financial Conclave ,2019
Time :10 am
Date : 18 September ,2019
Topic : NBFCs crises,growth consequences and spillovers.
Abstract: Distinction between illiquidity and insolvency in timely manner is of utmost importance for the functioning of financial market. In absence of prompt identification and action, illiquidity can turn into insolvency through several channels such as fire sales. Indian non banking financial companies (NBFCs) are going through a turbulent time. Nearly two years ago, this particular sector was being feted for its ability to deliver high margins and high growth rates, by lending to some of the lucrative segments which were neglected by banks. This certainly kept consumption growing at a faster rate and contributed significantly to economic growth. Today, the sector is being criticised for excessive risk taking. Going forward, it is imperative to diagnose and solve problems among NBFCs in timely manner, failing which could be costly to growth in short and medium run. The Finance and Investment Cell of ARSD college, University of Delhi, is going to organise “The Annual Financial Conclave” on 18 September, 2019 to discuss these issues in detail.

Details

Date:
September 18, 2019
Time:
10:00 am

Venue

Seminar Room-1
Atma Ram Sanatan Dharma College
New Delhi, Delhi 110021 India
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