Lenders’ Strike

While the entry of credit bureaus may be good for customers, lenders are seriously worried about increased delinquencies. Almost all lenders are out of low-ticket lending or have restricted it to those with an established record. ICICI Bank, Citibank and GE are out of the market; Barclays has accumulated its share of delinquencies and others such as Indiabulls have also slowed down their...

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