Banking News
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Source: The Hindu BusinessLine
The Hindu BusinessLine
Source
RBI & Policy
Category
2 min
Read time
07 Aug
Published
RBI & Policy
2 min read· The Hindu BusinessLineNBFCs have to restrict their lending only to term loans; cannot offer ‘revolving credit’: RBI Draft Directions
A “term loan” refers to a fund based credit facility of a fixed principal amount, made available by an NBFC to a borrower…
A “term loan” refers to a fund based credit facility of a fixed principal amount, made available by an NBFC to a borrower
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Source: The Hindu BusinessLine