Event Report

On July 30, 2025 in a decisive step toward reimagining India’s financial architecture for Viksit Bharat, CRF convened a high-level, closed-door roundtable on the role of Non-Banking Financial Companies (NBFCs) at its Delhi office. The session brought together senior representatives from commercial banks, leading NBFCs, regulatory experts, and policy think tanks. The discussion focused on expanding the role of NBFCs in India’s credit ecosystem, addressing operational and regulatory bottlenecks, and charting a cohesive reform roadmap for the sector. A key outcome included the consensus on the need for harmonised regulation, flexible funding mechanisms, and a clear long-term policy vision that empowers NBFCs to support India’s development priorities without compromising financial stability.