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UBS Warns Rising Unsecured Loans in India May Soon Face Risk of Defaults

UBS Warns Rising Unsecured Loans in India May Soon Face Risk of Defaults
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UBS Warns Unsecured Loans May Soon Face Risk of Defaults

The brokerage sees credit costs for Indian lenders climb toward “historical averages” as more unsecured retail loans turn sour, with state-run banks more vulnerable to this trend, compared to their private sector counterparts. ....

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