Retail Credit Boom Amid Covid: Signs of Trouble?

Retail loans or loans to individuals could soon become the largest segment of the Indian loan market, taking the top spot from industrial loans. The share of retail credit had gradually increased and the pandemic accelerated its adoption. This is in part the result of the current weak lending industry …

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Bank loan collection efficiency improved in June

Chennai: Banks saw improvements in credit collection efficiency in June after states eased multiple lockdowns as the second wave of Covid receded. For Equitas Small Finance Bank, vehicle loan collection efficiency decreased from 67.35% in May to 89.3% in June. For microfinance loans it is back at 66.9% from 63.6% …

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