If you're assessing India's credit health, don't paint with a broad brush

If you're assessing India's credit health, don't paint with a broad brush. While retail unsecured stress moderates, the persistent uptick in MSME and MFI stress signals a bifurcated recovery. This means lenders must refine risk models: what works for consumers isn't translating to small businesses. Strategic focus on segment-specific underwriting is crucial now.

https://indiafintech.substack.com/p/analysis-of-indias-credit-landscape