The bank stress storm everyone knows is coming (but no one wants to talk about)
Personal loans in India have seen excessive growth, fuelling risky investments like speculative trading. Things will not end well for lenders when the music stops playing.
24 October, 2024•13 min
0
24 October, 2024•13 min
0
More in Business
Business
Exclusive: Sunil Munjal invokes shares in Bira-linked entity
In another blow, founder Ankur Jain stands to lose further control over his troubled beer brand.
You may also like
Business
Ujjivan has to change its DNA for a universal banking licence
Cutting its decades-old reliance on microfinance loans is the only way the SFB can meet the regulator’s conditions for transitioning to a full-fledged bank
Business
From India and Pakistan, two new banks for the Emirates
The acquisition of RBL and First Women Bank, Amazon Now in the Emirates and other updates from the week.
Business
Karnataka Bank urgently needs a permanent CEO
For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.