Thought leadership reports

The contribution of non-banking financial companies (NBFCs) in reinforcing real economic activity and standing as peripheral channels of credit intermediation along banks is well identified. Over the recent years, NBFCs have branched into considerable extension in terms of size, complexity, and interconnectedness within the financial sector.

The macro-PDF series is a series of analytical articles which identify opportunities across industries in India and examine them on a three-pronged scale – PDF; that is, seeing what is in store from a People, Development and Financial angle. Our aim is to highlight that every opportunity carries many areas of growth for various stakeholders and has a number of ramifications across the value chain. As a community, we need to take actionable steps to capitalize upon the opportunity before it wanes away.

A thought leadership survey study that explores the employee pulse and the nature of “new work.”

India Auto Tracker Q2 FY24 provides an overview of the Q2 FY24 export report for the auto industry, It includes a detailed analysis of the top export destinations and growth trends, covering key insights such as export volumes, growth rates, and market shares for each destination.

The year 2023 stood out as a landmark period of regulatory actions, with the RBI introducing measures to curtail the growth of unsecured lending, raising risk weights, and imposing stricter guidelines on lending practices. These changes, notably the increase in risk weights for unsecured loans and heightened supervision, have necessitated a strategic recalibration within the sector. NBFCs have been compelled to reassess their capital allocation strategies, navigate the complexities of capital raising in a cautious investment climate, and adapt to the evolving interest rate scenario amid geopolitical uncertainties.

Mazars Foundation is a not-for-profit organisation registered under section 8 of The Companies Act, 2013, where we are driven by a passion for creating positive change in society. At Mazars Foundation, we are dedicated to pursuing excellence towards sustainable social-economic development. Our team of sector experts is committed to providing end-to-end services that empower donor and implementing agencies to achieve impactful and sustainable outcomes.

We believe in knowledge management for betterment of society at large and dovetailing of community knowledge and practices with modern scientific knowledge, helping in locally feasible, culturally expectable, socially suitable, financially viable, economically, and environmentally sustainable transformation of the social and economic practices.

MSMEs are the lifeblood of India, being core innovative powerhouses that propel production, employment and export year-on-year. Meanwhile, digitalisation has become the sine qua non for business resilience and sustenance worldwide. How do we piece the two together?

Population and usages of resources are interdependent and proportionally co-related. Judicious use of resources would lead to mitigating resource depletion and thereby fostering a more sustainable environment for future generation. It is estimated that by 2050 world population will soar to 9 billion and fulfilling the demand will require natural resources equivalent to three earths. The present prevailing model of usages of resources is linear economy which is based on the principles of ‘take-make-waste’ and is unable to manage the balance of demand and supply with growing population and depleting resources. It is also
significant contributor to the challenges of climate change, biodiversity loss, waste generation and pollution.


As a consequence of the realisation of the impending resource scarcity, existential threat due to adverse impacts of increasing temperature of planet earth and climate change, circular economy is emerging as a solution for sustainable development.