RBI feels that such perpetual lines of credit may encourage behaviour, which may be classified as evergreening of loans.

The RBI has cautioned NBFCs on perpetual credit lines, citing risks of loan evergreening and financial instability, urging ...

Lines of credit are usually provided to individuals or small business owners. This product enables the borrower to withdraw ...

Credit growth in India continued to moderate in January 2025, with non-food credit offtake slowing to 11.4 per cent ...

Merchant payments now account for around 62 percent of all UPI transactions, up from 40 percent in January 2022 ...

The latest data presented by the Reserve Bank of India (RBI) show easing of personal loan expansion in India’s financial ...

Retail credit growth slowed to 12% in January 2025, down from 29% last year, with unsecured loans growing 9%, consumer ...

The Reserve Bank of India plans to implement stricter underwriting processes for gold loans, urging banks to enhance ...

Personal loan growth slowed down to 14.2 per cent in the fortnight to January 24, 2025, mainly due to subdued credit offtake ...

Personal loan growth slowed down to 14.2% in January 2025, driven by subdued credit offtake in vehicle loans and credit card ...