Monday, May 13, 2024

BANKING

Fitch Ratings warns of potential challenges to Indian banks' consumer loan quality due to rapid growth and "untested risks." Concerns include lower transparency in retail underwriting data and reliance on unsecured credit for margin expansion. While RBI measures aim to mitigate risks, their long-term effectiveness remains uncertain.

from Banking/Finance-Industry-Economic Times https://ift.tt/x7scwKy
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