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12Jun 2024

INDIA LOOMING FINANCIAL CRISIS

Syllabus: GS-3: Indian Economy and Issues Relating to Planning. Focus: India’s financial landscape is facing scrutiny due to rapid credit growth, particularly in household lending, raising concerns of an impending financial crisis. Analysts warn that the current economic exuberance, coupled with a chaotic financial services sector, may lead to severe economic repercussions if lending practices …

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