Non-Banking Financial Companies NBFC refer to a huge range of companies including loan providers, stock consultants, traders, insurance providers, leasing houses and so on. These companies have partnered with Greysoft from time to time for Application Development, Workflow solutions, and RPA.
NBFCs have more market reach as they penetrate deeper into the villages and small towns, even a small time self-employed individual may need an equipment loan or an insurance policy which makes NBFCs a big potential when it comes to the volume of target-customers.
While traditional banks are more prevalent in cities, NBFCs are more active in the small towns and because of the NBFCs door-to-door approach, they have reached the grassroots level when it comes to a customer-centric approach.
At Greysoft we have been working with NBFCs for the technology implementation in their back-office, middle office, and front-office business operations.