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RBI’s crackdown on 4 NBFCs, bank boards, HDFC’s loan growth & LIC to enter FRA market

RBI’s crackdown on 4 NBFCs, bank boards, HDFC’s loan growth & LIC to enter FRA market

Last Updated: Oct 25 2024 | 8:20 PM IST

This week, regulators took action against 4 NBFCs, stopping them from issuing new loans as they charged high interest rates on microfinance loans.