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The vexatious issue of connected lending - The Hindu BusinessLine

The vexatious issue of connected lending - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Connected lending: Das & Co gets serious about a bank system that Raghuram Rajan had warned

Reserve Bank of India MPC meet Updates: India restricts corporate houses from owning banks, raising questions about their absence despite financial capabilities. Allowing them could foster connected lending, granting preferential loans to connected parties. While a 2020 RBI proposal advocated their entry, criticism centered on consolidating economic and political power. ....

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RBI to make it difficult for influential people to twist loan conditions in their favor

The RBI governor said that they will bring out draft circular inviting public comments on how to make connected lending more stricter. ....

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