We saw a phase after that when new infra projects came up and banks financed those despite not having long-tenure liabilities to match these assets. As a result, we saw NPA issues in the banking system because of delays in infrastructure projects.
Big investors ditch tech ahead of expected September stocks slump
Big investors, fearful of September’s typical seasonal declines, exited profitable stock positions on Tuesday, according to investors and trading company research, a sign the selloff