High limits in unsecured lending a worry, says RBI
RBI has raised concerns over high ceilings for unsecured loans set by banks and finance companies. It urges boards to exercise prudence to maintain financial stability. Additionally, RBI warns about the risks associated with top-up and private credit loans, emphasizing the need for careful monitoring.
RBI has raised concerns over high ceilings for unsecured loans set by banks and finance companies. It urges boards to exercise prudence to maintain financial stability. Additionally, RBI warns about the risks associated with top-up and private credit loans, emphasizing the need for careful monitoring. What's Your Reaction?
