Risk of Indian banks’ unsecured retail loans turning sour is rising, UBS says
UBS has turned “neutral” on the banking sector and sees a higher probability of regulatory tightening on unsecured loans. | Photo Credit: ADNAN ABIDI The risk of Indian banks’ unsecured retail loans turning sour is rising as lending to borrowers with overdue debt has increased, UBS said in a note. In recent months, lenders in…
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