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Published: September 15, 2025
Updated: September 15, 2025
With the recent job cuts in the IT sector, the real estate sector in South India is facing a major crisis.
Several non-banking finance companies are reporting defaults by home loan borrowers. The micro loans and consumer loan segments are facing a major crisis and it would be reflected in the September quarter results, say bankers.
Brace yourselves for a crash in the real estate, credit card and NBFC sectors.
September 30, 2025 - Combined Issue
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