Non-performing loans have shot up to a global high of close to 10 percent of gross credit exposures in India, and they are expected to edge up this year in China, Mexico, Indonesia, Russia, Turkey and Argentina, say analysts.
And yet so many stupid people calling on the banks to lend MORE for housing. If u can’t get a bank loan, then u likely can not afford to get into debt.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: