Monday, June 1, 2020

The poor bring more business to banks in April

Loans to the economically weaker sections in April was nearly 40% higher than loans to big corporates, indicating low credit demand for investments while also pointing to the need for borrowings to keep the poor going at a time when economic activities came to a virtual standstill.

from Banking/Finance-Industry-Economic Times https://ift.tt/3dsxL7y

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