Banks look to push prudent borrowing for small loan-takers

Banks and credit firms will launch a responsible borrowing campaign to curb bad loans. This initiative aims to promote financial discipline among young borrowers. The campaign will address risks from rapid digital credit growth and predatory apps. It will also focus on improving credit history and timely payment knowledge. The government is pushing youth awareness on financial discipline and credit scores.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/elKGSAY
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