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BoG s data unveils economic resilience amidst business uncertainty (PART: I)

BoG s data unveils economic resilience amidst business uncertainty (PART: I)
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Firms, retail borrowers wary amid soaring rates

The weighted average lending rate on fresh loans has increased by 82 basis points (bps) this fiscal year, with private banks effecting a 68 bps increase and state-run banks raising it by 96 bps, Reserve Bank of India data showed.

When it comes to pricing risk, there s no beating private banks

Credit risk has increased, especially for small businesses in the wake of the pandemic, as most companies have seen their balance sheet hit

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