Indian banks, especially those in the public sector category controlling two-third of the sector's loan assets, have turned risk averse following a spate of large defaults by private sector promoters and entrepreneurs. This has adversely impacted investment and economic growth, Subramanian said Sunday evening while delivering Bandhan Bank's annual anniversary lecture.source https://economictimes.indiatimes.com/industry/banking/finance/banking/indian-banking-sector-needs-to-invest-in-data-analytics-to-grow-into-5-tn-economy-cea/articleshow/77707082.cms
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