The finance industry refers to a broad sector of the economy that encompasses a variety of businesses and services related to the management, investment, and exchange of money and financial assets. This industry includes institutions such as banks, investment firms, insurance companies, and real estate firms that provide services like lending, asset management, insurance underwriting, and wealth management. The finance industry plays a crucial role in facilitating economic growth by enabling the flow of capital, managing risk, and providing means for savings and investment. Key activities in the finance industry include banking operations, trading of securities, financial planning, and the provision of credit. The industry is regulated by government entities to maintain stability and protect consumers, and it is influenced by factors such as interest rates, market dynamics, and economic policies.
The Transformative Power of NBFCs The Non-Banking Financial Companies (NBFCs) sector is on the brink of an unprecedented evolution. **Over the last two years, growth has surged**, driven by innovative…