The defining feature of a flexi-loan is amortisation, not revolveability. Instead of a blanket ban, the regulator may consider certain structural safeguards against evergreening For the full story, visit the source.
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Ban on flexi-loans: Should RBI be flexible?
The defining feature of a flexi-loan is amortisation, not revolveability. Instead of a blanket ban, the regulator may consider certain structural safeguards against evergreening
By Tamal Bandyopadhyay· Business Standard· 6 days ago· 2 min read
This summary is sourced from Business Standard. Read the full article at:Business Standard