RBI tightens norms on personal loans for banks, NBFCs

Mumbai, Nov 16 (PTI) RBI on Thursday tightened norms for unsecured personal loans for banks and non-banking financial companies. The revised norms wherein risk weights have been increased by 25 percentage points will not be applicable on certain consumer loans, including housing,

Rupee back under pressure after US data helps dollar recover

MUMBAI, Nov 16 (Reuters) – The Indian rupee is expected to open lower on Thursday after U.S. retail sales fell less than expected, helping the dollar recover from a plunge fuelled by softer-than-expected inflation data. Non-deliverable forwards indicate rupee will open at

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