Personal and credit card loans brace for costly decision on new interest rates as rules tighten - Banks brace for personal and credit card loan hikes, decision on new interest rates as rules tighten, Business News- CMB College

Personal and credit card loans brace for costly decision on new interest rates as rules tighten – Banks brace for personal and credit card loan hikes, decision on new interest rates as rules tighten, Business News

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This RBI move will not affect home, vehicle and education loans at present. However, stricter loan norms may affect NBFCs more. They offer unsecured personal and consumer loans.

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