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After corporate debt, retail loans face stress amid unemployment, slowdown

After corporate debt, retail loans face stress amid unemployment, slowdown

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IIT Indore

Credit analysts are keeping a watchful eye on signs of stress in Indian household debt after rose to a 45-year high and as lenders grapple with the worst soured debt levels of any major economy.

India’s bad debt malaise has centered on corporate debt, and loans to individuals have been seen as safer and a growth opportunity for banks. Given the slowdown in the economy and a drying-up of credit from shadow banks, analysts are signaling potential risks, though publicly available data on personal loan arrears is sparse.testing.. we are here....

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First Published: Thu, August 29 2019. 10:46 IST
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