financial system stability: RBI's move on unsecured consumer

financial system stability: RBI's move on unsecured consumer credit to constrain loan growth in the segment: Report

The Reserve Bank of India's recent decision to allocate more capital against unsecured consumer credit will constrain loan growth in the segment, according to a report by Fitch Ratings. The tightening is seen as a credit-positive effort to control emergent systemic risks posed by consumer credit.

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