The Reserve Bank of India’s recent measures to tighten norms for unsecured retail loans will help strengthen underwriting norms through higher risk-weighted assets and is “credit positive” because lenders will need…
Read more RBI’s tightening of norms for unsecured retail loans is credit positive: Moody’sThe growth outlook for NBFCs and HFCs (housing finance companies) has improved to 13-15 per cent from 11-13 per cent earlier led by an upward revision in the…
Read more NBFCs’ AUM to rise 13-15% in FY24 led by 18-20% retail loan growth: ICRAAs part of increasing caution amidst growing macro-economic uncertainties and bank collapses in the US and Europe, India’s central bank is asking banks back home to be watchful…
Read more Don’t increase unsecured loans exposure: RBI to banks
