NBFC slump is a crisis of confidence, says Ajay Piramal
In 2008, there was no liquidity in the market. Today there is no liquidity crisis. It is more a crisis of confidence. That is different from not having money to lend.
from Banking/Finance-Industry-Economic Times https://ift.tt/2NYLs5z
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In 2008, there was no liquidity in the market. Today there is no liquidity crisis. It is more a crisis of confidence. That is different from not having money to lend.
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