RBI directs banks to tighten consumer lending, penalizes Axis and Manappuram Finance By Investing.com – Canada Boosts
© Reuters. MUMBAI – The Reserve Financial institution of India (RBI) has issued directives to banks and non-banking monetary firms (NBFCs) to limit shopper lending amid rising threat issues. This transfer comes as a part of the central financial institution’s efforts to take care of monetary stability within the nation’s banking sector. In implementing its…