RBI governor raises red flag on model-based lending
[ad_1] Mumbai: The Reserve Bank of India is closely examining the risks that can emerge from model-based algorithm lending, which led to the surge in unsecured loans, according to RBI…
Mint Explainer: Why has the surge in personal loans caused a stir?
[ad_1] Mumbai: The Reserve of India (RBI) has expressed concern about the brisk growth in personal loans, even as most of the industry seems not-too-worried, except on the specific segment…