RBI deputy governor urges banks to be prudent on lending to NBFCs
[ad_1] Mumbai: Banks need to reconsider whether they want to be part of lending consortiums to non-bank financiers that have scores of other lenders – up to 40 at times…
Mint Explainer: Why are the RBI and FM telling non-bank lenders to be cautious?
[ad_1] Mumbai: Finance minister Nirmala Sitharaman said on Thursday that non-bank financial companies (NBFCs) and small finance banks should be cautious while lending. The previous day, RBI governor Shaktikanta Das…
Mint Explainer: How does credit from banks and non-banks affect consumption?
[ad_1] Mumbai: Ratings agency Moody’s has decided to retain its India growth forecast for 2023 at 6.7%, citing strong domestic demand. This demand is expected to come in handy as…