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Bank credit: Slow but healthy growth - The Hindu BusinessLine

Bank credit: Slow but healthy growth - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Never borrowed before? There's a price to pay

Lenders in India have tightened risk frameworks, resulting in a decline in approval rates for new-to-credit loan applicants. The share of new-to-credit customers in overall loan origination has dropped by 400 basis points year-on-year to 15% in the April-June period. ....

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