DUBAI/WAM The UAE Year of Community 2025 has come to a close, successfully concluding its …
Read More »IMF warns of profit slump at Indian banks amid bad loans
Bloomberg India’s banking system is among those most vulnerable to profit declines as loan growth slows and soured debt rises, the International Monetary Fund said. The ability of Indian companies to service debt is the lowest among 19 emerging-market nations tracked by the IMF, according to figures in its semi-annual report on financial stability. The study showed that the …
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