RBI move on revolving credit hits NBFC stocks
0 1 min 18 hrs


RBI move on revolving credit hits NBFC stocks
Bajaj Finance was down 5.9% and Bajaj Finserv was down 4.2%.

MUMBAI: Reserve Bank of Indiaโ€™s proposal to bar finance companies from offering revolving credit facilities took a toll on shares of non-banking finance companies with Bajaj Finance and Bajaj Finserv together losing nearly Rs 55,000 crore in market cap. Bajaj Finance was down 5.9% and Bajaj Finserv was down 4.2%.

Leave a Reply

Your email address will not be published. Required fields are marked *