View: India needs guardrails around shadow loans, not bans
· economictimes.indiatimes.com
The RBIs proposed curbs on flexi loans could reshape how Indias self-employed workers and small businesses borrow. While the move aims to prevent evergreening of bad debt, it could also restrict a useful source of flexible working capital. The bigger question is whether tighter oversight can curb misuse without shutting out genuine borrowers.
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