The risk of Indian banks' unsecured retail loans turning bad is increasing due to lending to borrowers with overdue debt, according to UBS. Lenders have been expanding their unsecured lending portfolios as the financial strain on households eases. UBS has become more cautious on the banking sector and expects regulatory tightening on unsecured loans.
from Banking/Finance-Industry-Economic Times https://ift.tt/lSoCWyN
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