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Last Updated : Sep 13, 2019 04:33 PM IST | Source:

Is Altico default the canary in a coal mine for real estate NBFCS?

Funding is the oxygen for real estate developers. Starved of liquidity, projects will remain stuck and builders will develop cash flow problems. That will lead to asset quality problems for NBFCs which in turn will exacerbate the crisis.

Ravi Krishnan @writesravi

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