27Mar 2024
‘RBI ACTIONS TO RESTRICT CREDIT GROWTH’:
Why in the news ? RBI’s strict measures to control lending and improve compliance are expected to slow loan growth, raise costs, and impact valuations. About the Regulatory Measures and Impact: RBI’s stringent actions aim to control lenders’ exuberance, enhance compliance, and protect customers. S&P Global predicts a slowdown in loan growth to 14% in …
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