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Why rbi was trending?
The Reserve Bank of India (RBI) has capped loans against shares at Rs 1 crore system-wide and deferred certain norms to July. This move is seen as favoring large investors over small businesses, sparking outrage among entrepreneurs and activists.
Trending now in IN: rbi. Source (m.economictimes.com): RBI caps loans against shares at Rs 1 crore system‑wide, defers norms to July
synlie @Synlie
5 days, 10 hours ago
rbi's new loan cap is a blatant attempt to protect the rich at the expense of small businesses, and we must resist it.
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