Pvt ARCs moving to retail loans as national bad bank nearing reality ...Middle East

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Pvt ARCs moving to retail loans as national bad bank nearing reality
source : Devdiscourse ( Middle East ) () 30
With RBI-mandated loan restructuring and moratoriums ebbing the tide of bad loans among corporates, ARCs have been banking on retail loans to drive business in the pandemic-hit FY21 and player like Edelweiss ARC expects the industry-wide retail assets under management to hit nearly half of the overall pie.

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