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Banks' tech better at serving existing borrowers than new ones: RBI DG

Business Standard; Subrata Panda · Business · 2026-08-19

Banks' tech better at serving existing borrowers than new ones: RBI DG

Share of fresh businesses entering formal credit system fell to 42 per cent in FY26 from 52 per cent in FY23 even as outstanding commercial credit grew 14 per cent Banks' tech better at serving existing borrowers than new ones: RBI DG

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