The lockdown due to the COVID-19 pandemic has caused a lot of uncertainties. Businesses are losing money and salaried and facing pay cut or job losses. Due to this, it is expected that banks would be extra cautious to lend. They are going to make their lending criteria stringent. Listen in as Mint's Tinesh Bhasin on how the pandemic has impacted the retail loan segment.
The lockdown due to the COVID-19 pandemic has caused a lot of uncertainties. Businesses are losing money and salaried and facing pay cut or job losses. Due to this, it is expected that banks would be extra cautious to lend. They are going to make their lending criteria stringent. Listen in as Mint's Tinesh Bhasin on how the pandemic has impacted the retail loan segment.