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Arvind Nandan
Connect:
NBFC credit crunch could jolt Indian realty sector
The ongoing Non-Banking Financial Companies’ (NBFC) cash crunch can hit close to home as it could have a cascading impact on the somewhat improving residential real sector. This is primarily because for last few years, developers had been availing term loans from NBFCs and Housing Finance Companies (HFCs) and any turmoil in the latter is bound to impact the Indian realty industry.
25 November 2018, 18:30 IST
NBFC credit crunch could jolt Indian realty sector
25 November 2018, 18:30 IST