crisis Archive

The NBFC Real Estate Crisis – What, Why and What Next?

Shobhit Agarwal, MD & CEO – ANAROCK Capital   NBFCs account for over 50% of total developer financing – close to INR 4 trillion in FY2018 Real estate has already exhausted over 75% of available credit Consolidation of not only developers but also NBFCs on the cards   As an alternative to the main banking

industry and unions jointly call for action on steel industry crisis

Brussels,  November 2015 – The European Steel Association (EUROFER) and industriAll European Trade Union today issued a joint call for action by policy makers to ward off further job losses in the sector. The call comes as ministers meet today for an extraordinary Competitiveness Council, held in reaction to a slew of announcements from industry

Russian consumer markets face slowdown but not crisis in 2014 & 2015

Nuremberg, October 22, 2014  – According to GfK forecasts, the majority of Russian consumer market sectors will face slowdown, if not stagnation, in 2014 and 2015. Recent decrease in confidence due to international sanctions resulted in both business and consumers tightening their belts. However, some macro-economic indicators show that the situation is objectively far from

Findings of the GfK Consumer Climate Europe study for the second quarter of 2014

Further recovery, but risks in the periphery Findings of the GfK Consumer Climate Europe study for the second quarter of 2014 Nuremberg, 11 July 2014 – The economy in the European Union (EU) is continuing to recover. However, the crises in both Iraq and Ukraine could potentially destabilize the upturn in Europe. European consumers are