 "Vikas Oberoi, chairman and managing director of Oberoi Realty")
Property developers and non-banking financial companies (NBFCs) are in deep trouble due to the crisis in NBFC sector , says Vikas Oberoi, chairman and managing director of Oberoi Realty. The company is the second-largest listed property developer in the country in terms of market capitalisation.
"I can clearly see the NBFCs and the developers both losing their shirt. And in this tug-of war, we have to only wait and watch till this entire orchestra is over. Until and unless we let that stop, if we jump into this, we also run the risk of losing our own shirt," Oberoi said at
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