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No systemic risk in banking sector: Jio Financial Services’ KV Kamath


No systemic risk in banking sector: Jio Financial Services’ KV Kamath

No systemic risk in banking sector: Jio Financial Services’ KV Kamath

Addressing the health of the NBFC sector, Kamath observed signs of a “pyramid” forming, with many borrowers taking multiple loans—often to repay earlier borrowings—while still seeking additional credit.