New RBI norms capping bank credit to increase top companies’ refinancing needs by Rs 4 trillion: Report

The new Reserve Bank guidelines on capping fund-based bank credit to corporate is expected to increase their refinancing needs to the tune Rs 4 trillion in the medium-term and up to Rs 7.83 trillion next fiscal year.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2RN5T3u