Public sector banks (PSBs) in India are seeing a steady rise in sub‑prime lending, driven by increased reliance on government-backed credit guarantee schemes. These loans are primarily extended to micro, small, and medium enterprises (MSMEs), startups, and low-income individual borrowers who

There was a time when Indian youth dreamed of owning a house, a car, and a secure future. Fast forward to 2025, and the only ownership they care about is the “owner” badge on Zomato or being the proud swipers of shiny credit cards that scream “Live your best life (on debt, of course)!”. Let’s […]