RBI Deputy Governor Swaminathan wants lenders to 'curtail' consumption loans : vimarsana.com

RBI Deputy Governor Swaminathan wants lenders to 'curtail' consumption loans

Swaminathan J, a deputy governor at the Reserve Bank of India, today said the central bank wants lenders to cut down on consumption loans or unsecured loans with undefined end use. Deputy Governor M Rajeshwar Rao also supported and said the move to increase risk weights for unsecured loans is a prudential measure to curb growth or moderate credit growth to certain sectors.

Related Keywords

Shaktikanta Das , M Rajeshwar Rao , , Reserve Bank , Governor Shaktikanta Das , Governorm Rajeshwar Rao , Swaminathan J , Rbi , Reserve Bank Of India , Unsecured Lending , Consumption Loans ,

© 2024 Vimarsana