MUMBAI: Indian lenders who have been for several years now pivoting towards retail loans could see a shift towards corporate credit, at least in the near term, as a result of the covid-19 shock to the economy, experts said.
Industry experts said as companies start production after the lockdown, they would require working capital to tide over the after-effects of this disruption.
While demand for capital expenditure (capex) is not expected to revive anytime soon, working capital loans will still be needed.
Pallav Mohapatra, chief executive of Central Bank of India said retail loans are not expected to pick up immediately as consumer demand could take a while to revive completely from the covid-19 effect. “If new properties are not coming up
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