articles by VP Nandakumar


Budget 2020: NBFCs offering gold loans can meet part of unmet credit demand, boost growth; here's how

Gold loans provided by NBFCs should get equal and fair treatment at par with the banks


Union Budget 2019: It’s time to move towards parity between banks and NBFCs; gold loan should be given priority sector status

By keeping the NBFCs out of the purview of Section 43D, our tax laws are subjecting the NBFCs to discriminatory treatment as compared to other financial institutions.


Budget 2019: Levy lower tax rates on cashless transactions to encourage more people to use digital payment mode

While important steps have been taken to ensure NBFC funding is not affected, a lot more needs to be done to ensure NBFCs get back into the growth mode.


Financial inclusion should go beyond Jan Dhan: Why NBFCs should play the lead role

The belief that the poor are best served when credit flows at subsidized interest rates is actually a fallacy; what the poor need is ready availability of small ticket loans with minimum procedural hassles