El Nino threatens agriculture loans: Farmers & banks at risk | World Business Watch
Edited By WION Video Desk
Published: Jun 20, 2023, 05:40 IST | Updated: Jun 20, 2023, 05:40 IST
A recent report by Clxns, a digital-first debt resolution company, reveals a concerning trend. Banks that hold a significant exposure to agriculture loans are facing growing vulnerability, with the El Nino effect on the horizon, worries escalate over the potential rise in loan defaults among farmers.
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