FM warns banks against trusting credit scores of loan seekers ‘blindly’

By Administrator_India Capital Sands Finance Minister Nirmala Sitharaman on Wednesday told state-owned banks to not “blindly” trust the credit scores of loan seekers, and to focus on improving branch-level connect with customers. Her suggestions came on a day she launched a new set of reform measures for public sector banks (PSBs), aimed at enhancing the role of technology. The FM said […]

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