The Reserve Bank of India decided to increase the risk weight on the exposure of banks to consumer credit, credit card receivables and non-banking finance companies.
RBI increases risk weights on consumer credit exposure of banks, NBFCs to 125% from 100% thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
India Business News: Banks have scaled back credit card perks, including reward points and cashbacks, during the festive season. The move is aimed at increasing profitabil