Banks, NBFCs shift focus away from unsecured loans to loan against property

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Banks, NBFCs shift focus away from unsecured loans to loan against property - Business Standard

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According to a recent CareEdge report, the MSME LAP market has grown over 50 per cent, from Rs 7.5 trillion to Rs 11.3 trillion over the past two years.

India Ratings and Research said in one of its reports that unsecured loan space will be under stress in the first half of the current financial year.