Bangaluru: Secure Trust Bank said it further tightened its credit risk appetite and acceptance criteria for small- and medium-sized customers over the first six months of the year, on slowing economic growth and heightened levels of uncertainty.
Secure Trust, which offers both business and consumer finance, reported yesterday an 11 percent jump in pretax profit to £13.9m ($17.9m) for the six months to June 30 as lending surged across all of its business units.
