One of the key developments of 2023 was the RBI applying the brakes on unsecured and small-ticket loans by raising the risk weights. This has been seen as the central bank proactively managing the excess growth of small loans before asset quality worsens in this category.
Top experts from Nestlé India, SBI, PwC, Tata Steel and Apollo Hospitals Enterprise gathered at the BT MindRush 2023 held on Wednesday, where they engaged in discussion on topics such as mood of the Indian consumers in 2023, the India growth story and more.