Friday, 07 August 2026 · World
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EUROS The World Financial Report
Nº 27 Friday, 07 August 2026 · World Edition
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Bajaj Finance, Bajaj Finserv shares fall up to 5% on RBI's new proposal for NBFCs

Markets-Economic Times · 1h ago · 🇮🇳 India
Bajaj Finance, Bajaj Finserv shares fall up to 5% on RBI's new proposal for NBFCs

Shares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offering only term loans, effectively barring revolving credit products. The proposal exempts NBFCs authorised to issue credit cards and is aimed at strengthening prudential norms while encouraging innovation in lending.

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