Description
NBFCs, include the companies offering leasing, investment finance services, housing finance, venture capital, discounting, investment advisory, and asset management companies. This rating mainly covers leasing companies, housing finance companies, and investment finance companies. The risk assessment process for Non-Banking Finance Companies (NBFCs) comprises of comprehensive analysis of the particular segment in which the NBFC operates, profile of the NBFC, and its relative position in the respective segment it operates in. Analyzing the profile of the NBFC includes comprehensive coverage of a wide range of factors that are categorized under these key areas: Profile, Ownership, Governance, Management, Business Risk and Financial Risk.