What’s Ailing the NBFC Sector and How Can Diversification Help Drive Recovery? | Business News
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What’s Ailing the NBFC Sector and How Can Diversification Help Drive Recovery? | Business News
The NBFC sector is facing pressure due to high inflation, rising interest rates, and increased household debt, impacting asset quality. Despite stock corrections, challenges persist, especially in microfinance and unsecured credit. Diversified business models, particularly in housing finance and vehicle financing, are seen as crucial for ...
9 months ago
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