💨 Abstract
Indian banks' profitability is expected to decline starting 2025-26 due to rising delinquencies in unsecured loans and increased credit costs, according to India Ratings. The decline is attributed to a surge in personal loans and credit card outstanding post-COVID, which eroded borrowers' incomes, and regulatory changes that have slowed growth in these segments.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
Suggested
Patrolling intensified along India-Nepal border in Uttarakhand
Indo-Pak conflict: 4 trains cancelled in Rajasthan, 5 rescheduled
Drug trafficker shot dead after a brief encounter in Punjab's Jagraon
Annual fair at Satrikh shrine in UP's Barabanki cancelled over law, order concerns: Police
People praise Army for interception of Kamikaze drones, missiles in air to protect Jammu
BJP trying to 'own' great men; national icons should not be politicised: Akhilesh
IMD forecasts fresh heat wave over east India from May 10
Border tension: Several Kashmir schools switch to online mode
L-G Sinha visits J-K's Uri sector to assess damage caused by Pakistani shelling
India-Pak conflict: Centre empowers Army chief to mobilise Territorial Army for support
Powered by MessengerX.io