Friday, February 23, 2024

BANKING

The rise in bad loans that will come as a consequence of the rise in unsecured loans will be seen in the coming quarters. Lenders such as IndusInd Bank, Bandhan Bank and Yes Bank have reported a higher-than-expected rise in bad loans due to stress from the rising unsecured retail segment.

from Banking/Finance-Industry-Economic Times https://ift.tt/pdTmuxX
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