Does Credit Bureau cause higher losses ?

Posted on July 20, 2008. Filed under: buzz in the biz today, macro finance, opinions | Tags: , , , , |

Does Credit Bureau cause higher losses? Anyways, I hate to be negative, but belonging to the consumer banking industry, I can say that the downside is far from over. The credit crisis has hit India, with the NPA going through the roof. All top Indian and MNC banks are making huge losses.   They say, [...]

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