
India's tougher consumer credit norms address emergent risk: Fitch
NBFCs' bank funding costs could rise by 40 basis points - 60 basis points, says Fitch
NBFCs' bank funding costs could rise by 40 basis points - 60 basis points, says Fitch
Such concentrated linkages may create a contagion risk, says Shaktikanta Das
In the past two years, personal loans grew around 24% and credit card loans grew 28% compared with the overall banking sector's credit growth of around 15%.
This excludes housing loans, education loans, vehicle loans, loans secured by gold and gold jewellery, and microfinance loans
This blog will explore the merits of keeping an instant personal loan app on your phone to get quick monetary assistance in emergencies.