RBI relaxes rules for micro credit, non-bank lenders – The Times of India
MUMBAI: In a major rollback of its curbs on lending to non-bank finance companies, RBI on Tuesday lowered risk weights for bank credit to NBFCs and microfinance loans.A lower risk weight encourages lenders as they now need to set aside less capital as a buffer, increasing their lending capacity. In Nov 2023, RBI had raised…