India’s economy is likely to grow at 4.3 per cent in last quarter of 2019 amid concerns over crisis involving non-banking financial companies (NBFC), according to Nomura, which said 2020 first quarter will see a ‘weak’ uptick in gross domestic product (GDP) growth at 4.7 per cent. Contrary to optimism that growth has likely bottomed, Nomura believes it will slide further.