RBI curbs on revolving credit push Bajaj Finance, Tata Capital to adapt
In short
Bajaj Finance and Tata Capital are trying new loan structures after the RBI signaled it may keep proposed limits on revolving credit. The companies want to protect lending to MSMEs and small businesses.
This matters because the rules could change how NBFCs lend. The report does not say what the final restrictions will be or when they may start.
What the reporting says
Bajaj Finance and Tata Capital are testing alternative loan structures after the central bank signaled little willingness to relax its proposed restrictions on revolving credit. The move is aimed at protecting MSME and small-business lending, according to the publisher summary. The reporting does not state the final rules or how much lending could be affected.
Why it matters
Bajaj Finance and Tata Capital are exploring alternative lending structures after the RBI indicated it may not soften proposed curbs on revolving credit. The reported goal is to preserve MSME and small-business lending while adapting to possible rule changes. The source does not specify the exact restrictions, the timing of any decision, or how large the business impact may be.