RBI still assessing revolving credit norms: Sanjay Malhotra
viaeconomictimes.indiatimes.com7 Oct
Reserve Bank of India governor Sanjay Malhotra has indicated that regulations on revolving credit by non-banking finance companies are under review. The RBI issued draft norms limiting NBFCs to term loans without revolving credit options. Malhotra said that systemic risks linked to these changes…
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