IL&FS Crisis and Its Impact on NBFCs and HFCs
Are you invested in any NBFC (non-banking finance company)? Did you suffer a sudden loss in your portfolio in the past four months after the IL&FS (Infrastructure Leasing and Financial Services) fraud became public knowledge? Or were you smart enough to benefit by investing in finance company stocks in October and November 2018 and have now pocketed a cool profit?
In this article, we analyse...
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