From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.NBFCs redesign lending models ahead of revolving credit curbs
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
-
right · 2 outlets
Non-banking financial companies are innovating loan products to align with upcoming Reserve Bank of India guidelines. These guidelines aim to limit revolving credit facilities, prompting firms to develop term loans. Bajaj Finance has already begun launching new term loan variants, while Tata Capital…
RSS excerpt
Non-banking financial companies are innovating loan products to align with upcoming Reserve Bank of India guidelines. These guidelines aim to limit revolving credit facilities, prompting firms to develop term loans. Bajaj Finance has already begun launching new term loan variants, while Tata Capital…