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Relaxed monetary policies impart little boost on new lending in China
Relaxed monetary policies impart little boost on new lending in China
Banks remain cautious over credit quality–and further cuts will do little to change their minds.
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BCG’s Tushar Agarwal emphasises that transformation relies on mobilising people and understanding their motivations
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.