Friday, 24 November, 2023

RBI's Prudent Stance on Unsecured Lending Sparks Market Concerns

The Reserve Bank of India's (RBI) cautious approach towards unsecured lending is causing ripples in the financial market. As the central bank adopts a more stringent stance, concerns are emerging about the broader impact on lending practices. This move is seen as a proactive measure to mitigate risks, but its implications on the larger market dynamics are being closely watched by industry stakeholders and investors alike.