Shares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offering only term loans, effectively barring revolving credit products. The proposal exempts NBFCs authorised to issue credit cards and is aimed at strengtheni… For the full story, visit the source.
BusinessUttar Pradesh
Bajaj Finance, Bajaj Finserv shares fall up to 5% on RBI's new proposal for NBFCs
Shares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offering only term loans, effectively barring revolving credit products. The proposal exempts NBFCs authorised to issue credit cards and is aimed at strengtheni…
By Rounak Khare· The Times of India· 2 months ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India