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What is Analysis of India about?
This document summarizes a study on non-banking financial companies (NBFCs) in India. It discusses how NBFCs have become an increasingly important source of commercial credit as bank lending has slowed. However, the default of a major NBFC in 2018 precipitated a crisis in the sector. The Covid-19 pandemic has further impacted NBFCs
- Author
- Nitu Yadav
- Language
- EN