Articles for tag: financial stability, loan recovery, responsible lending

Rajiv Sharma

Finance Minister advises NBFCs to keep loan interest rates reasonable

Finance Minister advises NBFCs to keep loan interest rates reasonable

In recent discussions, India’s Finance Minister has emphasized the importance of strict adherence to the loan recovery norms set by the Reserve Bank of India (RBI) for Non-Banking Financial Companies (NBFCs). This call to action aims to ensure responsible lending practices that protect consumers while maintaining the stability of the financial sector. The Role of ...