Will RBI’s move to ease credit make the microfinance crisis worse?

Mar 7, 2025 | 14:05 IST

RBI governor Sanjay Malhotra (Photo: Reuters)

There is a crack in the structure of the world’s fastest-growing major economy. Speeding up subprime loans could be risky down the road

New Reserve Bank of India (RBI) governor Sanjay Malhotra is right to unwind some of his predecessor’s hawkish controls on a runaway consumer-credit boom. There was a time to throw sand in the wheels of commerce. Right now, though, a sputtering growth engine needs lubrication.

TOI

TOI

Will RBI’s move to ease credit make the microfinance crisis worse?

There is a crack in the structure of the world’s fastest-growing major economy. Speeding up subprime loans could be risky down the road

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TOI

Will RBI’s move to ease credit make the microfinance crisis worse?

There is a crack in the structure of the world’s fastest-growing major economy. Speeding up subprime loans could be risky down the road

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