NBFC Sector Remains Fragile, Says Uday Kotak
Uday Kotak, billionaire and chairman of Kotak Mahindra Bank Ltd., poses for a photograph in Davos. (Photographer: Simon Dawson/Bloomberg)

NBFC Sector Remains Fragile, Says Uday Kotak

Non-bank lenders are more fragile than what they were a year ago and have to be closely watched, according to veteran banker Uday Kotak, even as credit crunch triggered by IL&FS defaults has starte...
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