Business
Personal Loan interest rates surge by 30-50 bps following RBI's raised risk weightage in November 2023 | Mint - Mint
In November last year, the central bank had flagged certain concerns on excessive growth in the unsecured retail loans and increased the risk weightage of personal loans to make lenders more cautious and discourage them from lending too much of these
By: Livemint
- Jul 01 2024
- 0
- 0 Views
Personal Loan Rates: Over the past few months several private lenders such as ICICI Bank, Kotak Mahindra Bank, HDFC Bank, and Axis Bank had increased interest rates on personal loans (PLs) after the … [+1514 chars]