Financial services sector: Tackling demand and credit crises

With banks risk-averse and NBFCs facing liquidity crunch, the sector is looking to regain confidence to start lending again and spur consumption. One of the key issues the country’s financial sector faces today is how to transfer the excess liquidity sitting with risk-averse banks, especially public sector banks, as credit to fund consumption growth.

from Banking/Finance-Industry-Economic Times https://ift.tt/2t8bf20