Let zero schemes finance growth, RBI – Economic Times
Economic Times |
Let zero schemes finance growth, RBI
Economic Times The RBI has done immense disservice to industrial growth in the short term by asking banks not to offer popular financing schemes for consumer durables dressed up as zero-interest equated monthly instalment (EMI) schemes. Industrial growth has been … RBI stops zero-interest finance schemes, festive buys may be hit RBI now against 0% EMIs for consumer goods RBI cracks the whip on retail finance schemes |
