India's tougher consumer credit norms address emergent risk: Fitch
NBFCs' bank funding costs could rise by 40 basis points - 60 basis points, says Fitch
NBFCs' bank funding costs could rise by 40 basis points - 60 basis points, says Fitch
In the past two years, personal loans grew around 24% and credit card loans grew 28% compared with the overall banking sector's credit growth of around 15%.