RBI Lets Banks Treat Loans Like Marshmallows, Zero Risk!

Finance

EnglishEnglish

RBI Lets Banks Treat Loans Like Marshmallows, Zero Risk!

The RBI just made banks do a happy dance! They can now treat 75% of loans under ECLGS 5.0 like they’re fluffy marshmallows—zero risk weight! This means banks can relax and lend more cash. But hold on, the rest still has to follow the old rules. Who knew finance could be this exciting?