The Reserve Bank of India (RBI) is closely monitoring the strong growth in personal loans and is concerned about any potential stress in that segment. RBI Governor Shaktikanta Das has urged banks, NBFCs, and fintechs to strengthen their surveillance mechanisms and implement robust risk management and stronger underwriting standards.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/BHzs2gO
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