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DELINQUENCIES SURGE IN CARD, MSME, UNSECURED LOANS, IMPACTING BANKING.

Why in the news? Rise in delinquencies observed in credit card, unsecured, and MSME loans, prompting ICRA to revise banking sector outlook to ‘stable.’ source:bussinessstandard About the Types of Delinquencies: Credit card, unsecured, and MSME loans are experiencing increased delinquencies. Public sector banks show better performance due to higher exposure to performing corporate loans. Private …

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