Objectives

1. To ensure disciplined and healthy growth of NBFCs.



2. To ensure that each member company functions effectively as part of the financial system.



3. To provide proper protection to the depositors/investors.



4. To redress individual grievances of members.



5. To have effective liaison with the regulators and the government.



6. To assist the regulators in the policy formation and monitoring of the Sector.



7. To achieve effective co-ordination amongst the members in matters of common interest.



8. To improve the image and enhance the credibility of the Sector in order to infuse confidence in the minds of depositors, investors, borrowers and the regulators.