NBFCs: 70 Years Of Potholes And Repair Work
Workers gather round an excavated ditch in the Parel area of Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

NBFCs: 70 Years Of Potholes And Repair Work

BloombergQuintOpinion
The rise and decline of India’s non-banking financial companies is a familiar story. As the banking crisis intensified, the stability of the NBFC sector was celebrated by analysts and policymakers....
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