The Reserve Bank of India's (RBI) October policy measures are major relief to India's non-banking financial companies (NBFCs) according to a Morgan Stanley report.
New Delhi [India], November 22: After the Reserve Bank of India (RBI) tightened norms for consumer credit, the DataTech driven dedicated MSME lender UGRO Capital said that with its diversified lender base, strong co- lending partnerships and focus on priority sector led MSME, they do not exp
According to S&P Global Ratings, these actions include a substantial increase in risk weights on unsecured personal loans, credit cards, and loans to nonbank finance companies (NBFCs), aiming to curb riskier lending practices and bolster overall financial stability.