Q.3 Over the last decade, banks have increasingly shifted away from providing credit to industry, favouring instead lending to consumers. What are the factors responsible for this shift? What are its implications for the economy? (10 Marks) - Civilsdaily

Q.3 Over the last decade, banks have increasingly shifted away from providing credit to industry, favouring instead lending to consumers. What are the factors responsible for this shift? What are its implications for the economy? (10 Marks)

Mentor’s comment- https://indianexpress.com/article/opinion/columns/what-the-rbis-financial-stability-report-reveals-about-the-banking-sector-8071499/ In the intro, mention the RBI’s latest Financial Stability Report (FSR) giving the banking system a … Continue reading Q.3 Over the last decade, banks have increasingly shifted away from providing credit to industry, favouring instead lending to consumers. What are the factors responsible for this shift? What are its implications for the economy? (10 Marks)