In the past decade, banks have been saddled with bad debt. The net NPA's for the top banks are at the lowest levels since 2000. Now don't worry about banks falling to the same trap of lending willy-nilly as in the previous credit boom.
Happy new year folks :) We are finally back after a week long hiatus and in today's episode for 1st January 2023, we talk about India's big credit boom.