Over-reliance by NBFCs on retail unsecured lending, top-up loans and capital market funding might convey grief: RBI Dy Guv Swaminathan

Highlighting the flowery amongst most non-banking monetary firms (NBFCs) to do extra of the identical factor, resembling retail unsecured lending, top-up loans or capital market funding, RBI Deputy Governor Swaminathan J cautioned that over reliance on such merchandise might convey grief in some unspecified time in the future in time later. Swaminathan requested the heads … Read more