Banks ditch businesses to satisfy gov’t borrowing appetite - The Business & Financial Times - Konsume News Reader

Banks ditch businesses to satisfy gov’t borrowing appetite - The Business & Financial Times

thebftonline.com 3 days ago
The new banking sector report (March 2021) has shown that government’s borrowing appetite is crowding out the private sector, as banks prefer investing in government instruments such as Treasury bills and securities rather than lending to the businesses community.
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