💨 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
Two-year-old US citizen appears to have been deported 'with no meaningful process'
Jeffrey Epstein accuser Virginia Giuffre dies by suicide, her family says
Iran, US to resume talks in Oman to narrow gaps over new nuclear deal
4 cadres of banned outfits in Manipur held
More than 450 illegal immigrants detained during crackdown in Ahmedabad
Put myself in father's shoes to rescue my mother, says Pahalgam terror attack survivor
Transparency and awareness are crucial to avoid health insurance claim rejections: Experts
Jeffrey Epstein's abuse survivor, Virginia Giuffre, dies at 41
SPORTS SCHEDULE
Pakistan ISI is killing Hindus for 45 years. To turn India into a nation at war with itself
Powered by MessengerX.io