RBI warns banks against relaxing underwriting amid excess FCNR(B) liquidity

· thehindubusinessline.com

RBI warns banks against relaxing underwriting amid excess FCNR(B) liquidity, urging risk-based pricing and prudent lending.

With the banking system having excess liquidity due to the limited period foreign currency non-resident (bank)/ FCNR(B) deposit-related swap facility offered by...


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