Growth in bank credit to firms has slowed overall in India this year amid the pandemic. The part of the market where banks join together in syndication to extend funds is only a small part of the overall pool. But the fact that it has almost entirely dried up is another sign that lenders are hesitant to provide funding, as they brace for increased bad loans.source https://economictimes.indiatimes.com/industry/banking/finance/banking/a-niche-indian-loan-market-hasnt-been-this-quiet-in-14-years/articleshow/76252882.cms
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