Risk weights of 100 or 150% apply when ECAI rating actions are devoid of the lenders’ details: RBI
Updated on November 17, 2023 RBI on Thursday (November 17, 2023) increased risk weights on consumer credit exposure of banks, and NBFCs to 125% from 100%. Measures announced to contain the risk emanating from a sharp rise in unsecured loans – mostly personal loans and credit cards. It has been also decided to increase the…