The first half of 2024 will be crucial for the financial sector

Rajrishi Singhal • January 10, 2024 / 09:27 IST

A slowing down of all credit engines – regulation-forced retail borrowing on top of stagnant wholesale credit growth – represents a risk for not only the financial sector’s balance-sheet but also its stability. Why and what decisions await institutions and regulators?

It is expected that the government’s expenditure programme might pivot from capex to consumption.

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