Lenders better behave or the consumer pipeline will close
The key lesson from the recent RBI action that stops two Bajaj Finance products from lending is: Treat thy consumers with respect
Source: moneycontrol.com
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bajaj finance: Advising clients to buy the dip in Bajaj Finance: Rahul Malani
We believe that the RBI ban on Bajaj Finance lending via eCOM and Insta EMI cards would be lifted by the end of this quarter or most probably by the fourth quarter of this financial year. This could also turn out to be a phenomenon for the entire sector as of now.
Source: indiatimes.com
RBI asks Bajaj Finance to stop lending under eCOM, Insta EMI Card products
MUMBAI: The Reserve Bank on Wednesday directed Bajaj Finance to stop sanction and disbursal of loans under its two lending products -- eCOM and Insta .
Source: indiatimes.com