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The new paradox in banking: Rising unsecured loans amid lower credit scores

Updated : September 18, 2018 06:29 AM IST

There has been an increase in the credit appetite by Indians in the past few years. One of the major reason behind this is easy availability of credit
The credit card outstanding has gone up 73 percent, while other unsecured personal loans (non-consumer durable) increased by 64 percent, during the same period
The new paradox in banking: Rising unsecured loans amid lower credit scores
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