RBI restores default loss guarantees for NBFCs
pre-market1 source ↓written by the desknot a recommendation
The Reserve Bank of India has restored default loss guarantees (DLGs) for non-bank lenders, easing previous restrictions that required higher loan provisions. This change allows NBFCs to improve profitability and balance-sheet capacity for new lending, while fintech partners can expect increased loan origination. The revised framework is effective immediately.
Not investment advice. For informational purposes only.