A study reveals that the poor still rely on informal lenders for emergency funds. Piramal Enterprises suggests NBFCs can bridge this gap with regulatory support. Micro-businesses and weaker segments remain underserved, depending on informal channels. Covid-19 increased reliance on informal credit, especially in lower-income states. State-level disparities exist, with some states heavily reliant on informal borrowing.
Sebi pushes for resilient capital markets, focuses on investor protection: Chairman
SEBI Chairman Tuhin Kanta Pandey emphasized the importance of accessible and efficient capital markets at a recent forum. He highlighted the growth in market capitalisation