Rising Defaults in Small Loans Wreak Havoc on Indian Stocks and Economy

Recent data highlighting an alarming increase in defaults on small loans in India is causing widespread concern among investors and economists alike. The surge in defaults is not just a concern for banks and financial institutions but is beginning to signal potential economic distress for the larger Indian market. This situation is poised to have profound implications, not only on the immediate financial landscape but also on the overall economic growth trajectory of the country.

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