Stress in some retail loans, lenders alerted: RBI report

RBI report highlights weakness in unsecured retail loans and credit card outstanding, urging lenders to closely monitor these segments. Personal loans now constitute the largest category of bank credit, while credit cards show a rise in stress. The study emphasizes the need for pre-emptive macroprudential measures and assessing the credit flow to avoid risk buildup.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NhkXLE2