Risk Aversion: How failed bank loans have led to a credit crisis for India's small biz - News blog

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Tuesday, November 5, 2019

Risk Aversion: How failed bank loans have led to a credit crisis for India's small biz

Credit keeps an economy well-oiled. But despite the government’s push, banks, which burnt their fingers lending to mega projects, have now shut the tap for small businesses for no fault of theirs. Pendulum swinging to other end is dragging the economy.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/33naRJM
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