With the government coming down hard on black money, analysts say the real estate sector will be among the worst hit given the high usage of cash.
Stocks of companies in the realty segment have been on a downward spiral since the demonetisation was announced. Banks, on the other hand, have been grappling with high stressed assets / non-performing loans. Will the demonetisation add to their woes?
Here is a list of top banks that had a high exposure to the commercial real estate segment in March 2016, as per an October 2016 report by CLSA.
Stocks of companies in the realty segment have been on a downward spiral since the demonetisation was announced. Banks, on the other hand, have been grappling with high stressed assets / non-performing loans. Will the demonetisation add to their woes?
Here is a list of top banks that had a high exposure to the commercial real estate segment in March 2016, as per an October 2016 report by CLSA.