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via thehindubusinessline.comBusiness & Companies

Farm loans lose share in bank credit books as lenders turn cautious on rural exposure

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

Banks and NBFCs pull back on farm lending amid rainfall, El Niño uncertainty, with agri loans underperforming even as some lenders grow farming credit.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishReduced farm lending by banks and NBFCs can weigh on lender earnings and rural credit growth expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Banks and NBFCs are pulling back on farm lending.
  2. 02The shift is linked to rainfall and El Niño uncertainty.
  3. 03Agri loans are underperforming, even as some lenders grow farming credit.

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