RBI's proposed curbs on revolving credit push NBFCs back to the drawing board

Summary
Bajaj Finance and Tata Capital are testing alternative loan structures to protect MSME and small-business lending as the central bank signals little willingness to relax its proposed restrictions.
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RBI's proposed curbs on revolving credit push NBFCs back to the drawing board
Bajaj Finance and Tata Capital are testing alternative loan structures to protect MSME and small-business lending as the central bank signals little willingness to relax its proposed restrictions.
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