The comments come on the back of steadily slowing credit offtake, leading many to wonder if banks have become too risk-averse because of their concerns over asset quality in a pandemic-stricken economy. According to the RBI's annual report released earlier this week, frauds doubled to Rs 1.85 lakh crore in FY20.
from Banking/Finance-Industry-Economic Times https://ift.tt/2QwaBDq
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