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RBI draft NBFC lending norms hit financial stocks as Sensex, Nifty end lower
RBI's draft NBFC lending rules hit financial stocks, dragging Sensex and Nifty lower despite strong Q1 earnings from SBI, Motherson Sumi and Hindalco.
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economictimes.indiatimes.com
Bajaj Finance, Bajaj Finserv shares fall up to 5% on RBI's new proposal for NBFCs
Shares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offering only term loans, effectively barring revolving credit products. The…
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RBI's draft curbs on revolving credit may impact NBFC flexi loans: Morgan Stanley
The Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) could affect flexi and…
