Risk off! Banks opting to lend to prime customers

  • Posted on March 31, 2026
  • By Business News Today
  • 2 Views
Risk off! Banks opting to lend to prime customers

Banks are now favouring borrowers with top credit scores. This shift reflects caution in lending. New customers are also getting fewer loans. Despite this, the overall credit market is improving. Asset quality is better. Gold loans are seeing a surge in volume and value. They now lead retail lending.
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Business News Today

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