NBFCs and HFCs fear Rs 2.2-trn NPA mess owing to note ban, Rera, GST

Non-banking finance companies and mortgage lenders, which control the lion's share of developer loans, are using all the tricks in the marketing and finance trade books to help realtors still smarting from the pains inflicted by the note-ban, Rera and GST, to sell their inventory so that these lenders secure their monies.