rbi: RBI urges caution on rising personal loans, tells Banks & NBFCs to look for signs of nascent stress – The Economic Times Video
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Getting quick and easy personal loan will get difficult for more and more borrowers in the coming days as RBI has cautioned banks and NBFCs against the steep rise in personal loan disbursal. Most of the lenders have been focusing more on retail credit which led to very high growth of the personal loan disbursal.
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