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Why NBFCs face bigger headache than banks from coronavirus

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Why NBFCs face bigger headache than banks from coronavirus
Credit: Pixabay

India’s non-banking finance companies face more pain in coming months as a nationwide lockdown to battle the coronavirus pandemic threatens to squeeze credit flow, increase defaults and jack up borrowing costs. The problems caused by the fast-spreading virus adds to the woes of a sector that has been struggling for the ......

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