RBI loan ban: The Reserve Bank of India (RBI) has implemented stringent measures impacting banks and non-bank financial institutions to address burgeoning consumer credit risks. Fitch Ratings highlighted these changes as a credit-positive step. Concerns arose due to the surge in unsecured credit card and personal loan growth, prompting regulatory action.
from Banking/Finance-Industry-Economic Times https://ift.tt/Y59SpjO
via IFTTT
No comments:
Post a Comment