It is also very germane to the overall theme of the conference on “Realigning the Global Banking System” as inclusiveness and social orientation needs to be the key pillar around which the post-crisis global financial architecture is developed. I, therefore, congratulate Financial Times and Yes Bank for including this theme in the conference and look forward to a useful brainstorming session ahead.
On the other hand, there is a group of borrowers with high-DTI loans  that have lower liquidity buffers and lower incomes – these borrowers are more at risk of mortgage stress. So the bottom line is that high-DTI lending is something to watch. But in and of itself, a high-DTI loan is not necessarily more risky in a rising interest rate environment.