Tata Capital Prepares Feedback on RBI Revolving Credit Restrictions

Tata Capital CEO Rajiv Sabharwal confirmed the lender will engage with RBI on its proposal to restrict revolving credit facilities by NBFCs, with the product accounting for less than 5% of the company's portfolio. Builders should track this regulation closely—if revolving credit faces restrictions, NBFC lending models and fintech partnerships tied to credit products will need redesign.

Source: ET BFSI ↗