Retail asset quality weakens: Study

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ENS Economic Bureau Tags : Posted: Wednesday, Jan 09, 2008 at 0058 hrs

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Rise and Rise

• India’s ‘sub-prime’ is defined as small-ticket personal loans given to low-income customers

•NPAs increased for retail loans to 4% from 2.7% last year

• Recent contreversial methods adopted by lenders for loan recovery shall lead to the exit of some players in small-ticket personal loans

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