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Tuesday, December 24, 2019

RBI cautions banks on possible risks in retail segment in its report on banking for FY19

The RBI observed in its Banking Report for FY19 that in the event of demand for credit slowing down from the corporate sector, the retail segment saw a surge in lending. The RBI noted that the bad loan overhang remains in the banking segment even as the resolutions under the IBC framework have seen an improvement.

from Banking/Finance-Industry-Economic Times https://ift.tt/2ENjL8R

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