Why RBI Has Turned Cautious On Unsecured Credit

The quality of incremental credit has improved, with the share of lower-rated borrowers declining at the overall industry level and bank group level, it said.

Close view of Reserve Bank of India, RBI signage, logo at its entrance gate. (Source: Vijay Sartape/NDTV Profit)

The Reserve Bank of India on Thursday explained the reason behind its cautious stance against unsecured retail credit.

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WRITTEN BY
Vishwanath Nair
Vishwanath is Editor- Banking at NDTV Profit. He started working as a busin... more
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