‘Inflationary Environment Double-Edged Sword For Banks’

The current inflationary environment is a “double-edged sword” for the country’s lenders, given that while higher interest rates usually help to boost banks’ income from fixed-income instruments, they can also raise the cost of borrowing, thereby slowing down credit growth and increasing default risks, Coronation Merchant Bank has said. The bank, which stated this in...The post ‘Inflationary Environment Double-Edged Sword For Banks’ first appeared on New Telegraph.The post ‘Inflationary Environment Double-Edged Sword For Banks’ appeared first on New Telegraph.

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