West Asia heat may soon scorch banks' books - The Economic Times
• Indian banks expect a decline in asset quality starting in the second quarter due to the ongoing conflict in West Asia. • The regional instability is driving up fuel prices, which is expected to curb consumer spending and increase input costs for corporations. • Small and medium enterprises (SMEs) are facing significant financial pressure, leading lenders to become increasingly cautious about providing credit to this sector.
economictimes.indiatimes.com
