Bank credit to NBFCs dips even as credit card debt continues to grow
Friday, 1 March 2024
Banks are reducing credit to NBFCs after RBI increased the risk weightage on some of these loans even as credit cards outstanding, which are primarily consumer-driven, continue to grow, RBI data showed. According to data released on Thursday, bank credit to NBFCs fell to a little over Rs 15 lakh crore in Jan 2024 from Rs 15.2 lakh crore in Dec 2023.
|
||||
|
|
||||
|
||||
You Might Like |
||||
