26-April-2024
Markets and Finance
 
16% of realty debt exposure in severe stress, data show
02-Dec-2019

Indian real estate’s debt exposure that continues to be the biggest stress factor for the segment stands at $93 billion including advances by non-banking finance companies (NBFC) and housing finance companies. However, over 62 per cent or around $58 billion is currently completely stress-free, data from ANAROCK Property Consultants, showed.

News Source:- https://economictimes.indiatimes.com/markets/stocks/news/16-of-realty-debt-exposure-in-severe-stress-data-show/articleshow/72324692.cms