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Thursday, April 21, 2016

Agriculture, business loans contribute most to retail debt delinquencies | Business Standard News

Agriculture, business loans contribute most to retail debt delinquencies | Business Standard News: Overall retail lending delinquencies (90 days overdue) stood at 1.52 per cent for the entire portfolio at the end of 2015, according to the Equifax’s India Consumer Credit Trends. Of the retail loans, agriculture and business loans contributed the most to the delinquencies, with a share of 2.64 per cent and 3.23 per cent respectively, said the report.