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RBI governor asks banks to remain alert to build-up of loan risks
In the central bank's first meeting with bank heads since July 2023, RBI Governor Shaktikanta Das discussed the issue of outlier growth in the personal loans market, as well as exposure to NBFCs. In November, RBI increased risk weights on unsecured personal loans and lending to NBFCs in an effort to limit bank credit to these areas.
In the central bank's first meeting with bank heads since July 2023, RBI Governor Shaktikanta Das discussed the issue of outlier growth in the personal loans market, as well as exposure to NBFCs. In November, RBI increased risk weights on unsecured personal loans and lending to NBFCs in an effort to limit bank credit to these areas. 
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