Liquidity constraints faced by NBFIs to tighten credit supply, dampen growth: Moody's
Moody's Managing Director and Chief Credit Officer (Asia Pacific) Michael Taylor said India's GDP growth will slow to just above 7 per cent for fiscal 2019 and 2020.
The liquidity constraints faced by some NBFIs in India, after the default of Infrastructure Leasing & Financial Services Ltd (IL&FS) in September 2018, Image source: Official website