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2012 problems: Shrinking corporate margins, growing NPA, inflation
Naval Bir Kumar, MD of IDFC AMC told NDTV Profit that 2011 was the 2nd worst year in the last decade with a 25 per cent decline in stock market. For 2012, he feels that the markets would bounce back in the second half of the year. He further reflected concerns on shrinking corporate margins, decline in sales, growing NPA and high inflation.
