The total deposits of NBFCs as on March 31, 2007 were Rs 24, 665 crore of which the deposits with deposit-taking NBFCs, other than the RNBCs, were Rs 2,043 crore forming only 8.3 percent of the total public deposits of the NBFCs. The deposits with the RNBCs as on March 31, 2007 amounted to Rs 22622 crore which has been growing steadily.
9  Several cross-country studies have assessed the economic implications of housing market downturns. This research tends to show that almost half of the housing booms end in a bust, with downturns lasting around four to six years 10.