Coronavirus lockdown: Banks stare at defaults as cabbies go home - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Coronavirus lockdown: Banks stare at defaults as cabbies go home

With nearly 60% of drivers engaged by app-based ride-hailing companies being migrants, the segment represents a huge risk for lenders who have provided loans to nearly 80% of the cabbies executives told ET.

from Industry-Economic Times
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