June 8, 2025
Financial Assets

Loans to priority sector halves in FY25, dragged by agri and housing loans

Priority sector refers to sectors that have a significant impact on large sections of the population, the weaker sections, and labour-intensive industries As the overall credit growth in the economy skids due to regulatory tightening and high interest rates, priority sector loans are also witnessing a slowdown. Total lending to the priority sector stood at

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Financial Assets

Opinion | Pledge for fairer and quicker Hong Kong loan access a needed shot in the arm

Small businesses and home mortgage borrowers are most exposed when high interest rates and falling asset prices combine to exert pressure on cash flow. Timely access to financial relief can make a difference to survival. Within the bounds of prudence, they need lenders to expedite eligible applications for accommodation and reflect temporary business conditions in

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