Download or read book Do We Want More NBFC's to Fail? Learnings from the Indian Financial System written by Shiba Mohanty and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial Intermediation plays an important role in the growth and development of the economy. The active participation of the non-banking financial companies' role is as crucial as the commercial banks in India. The repeated failure of these entities posed numerous questions upon the potential functioning of the NBFC's in India.