Monetary policy: RBI flags financial stability risks from unsecured loans

Monetary policy: RBI flags financial stability risks from unsecured loans

Outlier growth in the retail unsecured loan segment prompted the RBI to flag the risks that can arise to financial stability, the Reserve Bank said on Friday. Comments by Governor Shaktikanta Das while announcing the bi-monthly monetary policy review are just an advisory and the central bank is not announcing any macroprudential measures [...]