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What 'Budget 2020' has for NBFC crisis? | Master Stroke
With the Indian housing sector reeling under a large number of unsold inventory, the Economic Survey 2019-20 has suggested that developers should clear their stock by taking a haircut and selling apartments at lower prices.
The survey also said that real estate players taking a haircut would also help clean the balance sheets of banks and non-banking financial companies (NBFC).
The survey also said that real estate players taking a haircut would also help clean the balance sheets of banks and non-banking financial companies (NBFC).
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