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Economy

NBFC crisis slows GDP growth, real estate worst hit

Updated : March 05, 2019 05:40 AM IST

A direct correlation can be seen as many NBFCs have been facing liquidity challenges resulting in slower loan disbursements and eventual fall in demand and consumption.
Parmar added that ever since the RBI came down heavily on banks for encouraging the 10:90 pattern schemes, NBFCs were funding such projects.
NBFC crisis slows GDP growth, real estate worst hit
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