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Applied Economics Letters Volume 28, 2021 - Issue 8
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Research Article

The non-banking financial institutions in perspective of economic growth of Pakistan

Imdad Ali Khowajaa University of Sindh, Jamshoro, Pakistan;b Shah Abdul Latif University, Khairpur, PakistanCorrespondence[email protected]
,
Urooj Talpura University of Sindh, Jamshoro, Pakistan;b Shah Abdul Latif University, Khairpur, Pakistan
,
Sikander Hussain Soomroa University of Sindh, Jamshoro, Pakistan;b Shah Abdul Latif University, Khairpur, Pakistan
&
Muhammad Shoaib Khana University of Sindh, Jamshoro, Pakistan;b Shah Abdul Latif University, Khairpur, Pakistan
Pages 701-706 | Published online: 29 May 2020

References

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  • Cheng, X., and H. Degryse. 2007. “The Impact of Banks and Non-bank Financial Institutions on Local Economic Growth.” BOFIT Discussion Papers 22, December.
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  • Jency, S. 2017. “Performance of Non-Banking Financial Institutions.” International Journal of Humanities and Social Science 4 (2): 6–12. doi:10.14445/23942703/IJHSS-V4I2P102.
  • Min, B. S. 2007. “Role of Non-banking Financial Intermediation: Challenges for Central Banmks of SEACEN Countries.”
  • Mishkin, F. S., and A. Serletis. 2011. The Economics of Money, Banking and Financial Markets. 4th Candian ed. Toronto, Ontario: Pearson Canada.
  • NBFI and Modaraba Associations of Pakistan. 2018. NBFI & Modaraba Associations of Pakistan Year Book. Karachi, Pakistan: NBFI & Modaraba Associations of Pakistan.
  • Rateiwa, R., and M. J. Aziakpono. 2017. “Non-bank Financial Institutions and Economic Growth: Evidencefrom Africa’s Three Largest Economies.” South African Journal of Economic and Management Sciences 13 (3): 2–11.
  • SECP (Securities and Exchange commission of Pakistan). 2018. NBFC Reforms. Islamabad, Pakistan: Securities and Exchange Commission of Pakistan.
  • State Bank of Pakistan. 2018. Financila Stability Review. State Bank of Pakistan. www.sbp.org.pk
  • Vivekanandan, K., and N. Mohan. 2016. “A Review on Impact of Financial Sector Reforms on Non-banking Financial Corporation.” International Journal of Humanities and Social Science Research 2 (5): 9–11.

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