RBI Declares: Term Loans Only for NBFCs, No More Revolving Credit!

Folks, listen up! The RBI is shaking things up! They’re saying, 'Term loans only for NBFCs, no more revolving credit!' Only the elite, like SBI Card and BoB Cards, get to play with credit cards. It’s a huge win for term loans, folks! Get ready for the best credit rules ever, believe me!