Thursday, July 8, 2021

India’s risk-averse lenders are emerging as one of the biggest hurdles to its recovery

Loans to companies and individuals has been growing at a subdued 5.5%-6% in recent months, which is half the pace seen before the pandemic struck, Reserve Bank of India data shows.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/indias-risk-averse-lenders-are-emerging-as-one-of-the-biggest-hurdles-to-its-recovery/articleshow/84256647.cms

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