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Lone Star-backed RattanIndia Finance sharpens focus on retail loans as NPAs soar

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Lone Star-backed RattanIndia Finance sharpens focus on retail loans as NPAs soar
Credit: 123RF.com

Lone Star Funds-backed RattanIndia Finance Pvt. Ltd will ramp up retail lending and reduce the share of corporate loans, a senior executive said, after a fifth of its book turned sour following defaults by a handful of large borrowers. “The proportion of corporate loans as a percentage of the total book ......

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