The chapter delves into the significant increase in personal loans and credit card borrowing post-pandemic, influenced by the RBI's decision to increase risk weight for unsecured personal loans and credit cards. Despite this, banks are shifting towards providing more agricultural loans even though agriculture growth has not seen a substantial increase.
This is the third weekly brief. We publish a new episode every day to help you understand the biggest stories in the Indian markets. But we understand that you may be busy and don't have the time to listen to the daily episodes. So don't worry, we've got you covered.
Every week, we'll publish a new episode simplifying the biggest stories of the week so that you can still look smart in front of your friends. In this week's episode, we look at these stories:
1) Are Indian fund managers really value investors?
2) SEBI proposes a new asset class for people who want to take risk
3) The Global Economy is a Little Good, a Little Bad
4) Zomato wants more money!
5) Are gig workers- employee or on contract?
6) SME IPO Frenzy
7) Credit looked like a party until RBI stepped in
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