RBI Tightens Credit Card and Personal Loan Regulations
On Thursday, the central bank raised the risk weights on credit card exposures for banks and non-bank financial institutions (NBFCs) by 25 percentage points, to 150% and 125%, respectively.
On Thursday, the central bank raised the risk weights on credit card exposures for banks and non-bank financial institutions (NBFCs) by 25 percentage points, to 150% and 125%, respectively.
