NBFC
topic on 1 show · 12 statements across 5 episodes
12 statements about NBFC, every show
Ganesan: AI voice bot collected ₹3 crore for NBFC with zero humans
“One of our voiceboard agents collections agent about two, three months ago, I got to know that has actually collected almost three crores of rupees in a month for one of the NBFCs completely automated.”
Shenoy: Banks and NBFCs Account for at Most 12% of India's Economy
“Indian economy, the bank is a relatively smaller portion of the overall scheme of things. There may be, 12% at max. And this is banks plus NBFCs put together. It's about 12% of economy. But the index is overrepresented.”
Shenoy: NBFCs Exist Primarily Due to Regulatory Arbitrage Over Banks
“And the reason for NBFCs to exist has always been regulatory arbitrage.”
Indian NBFC sector will consolidate from 10,000 entities to 2,000
“But I think the way the regulations will evolve over a period of time, you may not have 10,000, you may have 2000 NBFCs, but pretty much serious in trying to penetrate and create an issue of what they want to do.”
Krishnan: RBI cancelled 3,000 to 4,000 NBFC licenses in recent years
“The 10,000 number that I told you must have been about 13,000 plus three, four years back. So, there are consciously, 3004 thousand NBFC's license which have got cancelled over a period of time.”
Indian commercial banks still largely cater only to the top 20%
“The market is large because I think in India, you know, banks still cater to, I would say, largely the top 20% for various reasons. It could be the diverse geography. It could be the unorganized nature or the spread of people that were there, or it could be th…”
Krishnan: RBI no longer grants deposit-taking licenses to new NBFCs
“Pretty much now if you see any new licenses that RBI grants, it's never for a deposit taking license. So most of the people who still hold a deposit taking license are all older NBFCs which got it at the earlier regime.”
Venkatachalam: Tech lending startups hit a cliff and get valued like NBFCs
“If you want to come and invest in a lending business as a technology business, your valuation is just some random technology valuation, which is fine, right? But if you build that business consistently, the penultimate investor before an IPO will value it like…”
Venkatachalam: Building a $1B NBFC book results in 90% dilution
“So what ends up happening, you know, so that is people want to invest in NBFCs, but you don't realize that you'll be like 90% diluted by the time you build a billion dollar book, because you will just be pretty much operating at two to three X leverage.”
BlackSoil's NBFC assets under management stand at 400 crore rupees
“Right now our book, our assets under management at our NBFC level is 400 crores. 202 150 crores is equity side, one 50 crores is on the debt side.”
BlackSoil operates as an NBFC funded by permanent family office capital
“So, we are at NBFC, ah, unlike other venture debt funds, they have to raise money from multiple LPs and then return the capital at the end of the fund, which could be ranging from five, seven years to 10 years. We don't have that kind of, ah, sort of challenge…”