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It is apparent that, in the last few months, the Non-Banking Financial Companies have witnessed a keen liquidity calamity, and a bid to support the lending condition both center and the RBI have taken quite a few measures. While the big ticket NBFCs - AA category are in an improved position to deal with the present issues, the smaller ones have been largely affected. Examining this crisis and the hurdles, Rashi Aditi Ghosh of Elets News Network (ENN) determines what is in store for the non-banking financial companies for the year 2020. What is their strategy for existence?
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