UGC Approved Journal no 63975

ISSN: 2349-5162 | ESTD Year : 2014
Call for Paper
Volume 9 | Issue 1 | January 2022

JETIREXPLORE- Search Thousands of research papers



WhatsApp Contact
Click Here

Published in:

Volume 6 Issue 6
June-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

7.95 impact factor calculated by Google scholar

Unique Identifier

Published Paper ID:
JETIRCK06008


Registration ID:
204624

Page Number

61-67

Share This Article


Jetir RMS

Title

RISK MANAGEMENT OF NON-BANKING FINANCIAL COMPANIES: A CASE OF INDIA

Abstract

The non-banking financial companies of India are devoted to the mobilizing of financial assets in the Indian economy. It holds these assets, invest them as leverage to create more wealth. In order to show that these financial companies are reliable the information about the risk in this industry and how it is mitigated are important to consider. Amongst the financial risk’s, liquidity risk, operational risk and credit risk of non-banking financial companies are most important to consider. The study considers 8 non-banking financial companies listed on NSE among the top NBFCs in India. The variables used in this study are ROI, Current Ratio (CR), Quick Ratio (QR), Operating Profit Ratio (OPR), Interest Coverage Ratio (ICR), Fixed Charges Coverage Ratio (FCCR), Debt-equity Ratio (DER) and Asset turnover Ratio (ATR). The data collection was based on secondary data and the period of the study is 2008-2018.The results clearly indicate that Financial Charges Coverage Ratio (FCCR) has a negative impact on Return on Investment of Non-Banking Financial Companies. Further, the results found that Interest Coverage Ratio (ICR) and Asset Turnover Ratio (ATR) has positive impact on Return on Investment (ROI) of Non- Banking Financial Companies. Overall the study found that there is no impact of Current Ratio (CR), Debt- Equity Ratio (DER), Operating Profit Ratio (OPR) and Quick Ratio (QR) on Return on Investment (ROI) of Non- Banking Financial Companies. The understanding of the relationship between liquidity, operational and credit risk and the returns of a non-banking financial company will help investors, fund managers, securities traders,etc. make a sound and informed decision about investments in the non-banking financial sector.

Key Words

Non-Banking industry, Financial risk, Liquidity Risk and Credit Risk

Cite This Article

"RISK MANAGEMENT OF NON-BANKING FINANCIAL COMPANIES: A CASE OF INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.61-67, June-2019, Available :http://www.jetir.org/papers/JETIRCK06008.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"RISK MANAGEMENT OF NON-BANKING FINANCIAL COMPANIES: A CASE OF INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp61-67, June-2019, Available at : http://www.jetir.org/papers/JETIRCK06008.pdf

Publication Details

Published Paper ID: JETIRCK06008
Registration ID: 204624
Published In: Volume 6 | Issue 6 | Year June-2019
DOI (Digital Object Identifier):
Page No: 61-67
Country: -, -, - .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


Preview This Article


Downlaod

Click here for Article Preview

Download PDF

Downloads

0002669

Print This Page

Current Call For Paper

Jetir RMS