Growth must never come at the cost of underwriting standards: RBI Dy Guv Murmu tells NBFCs

NBFCs must use AI, strengthen underwriting as credit growth accelerates: RBI Deputy Governor Murmu

Reserve Bank of India Deputy Governor S C Murmu urged NBFCs to use AI and machine learning tools. He emphasized stronger risk management and rigorous stress testing for lenders. …

Liquidity management, asset quality among pillars for NBFC growth: RBI DG