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VERIFIEDMint Industry·negative

RBI proposal to curb NBFC revolving credit rattles markets

AI Summary
  • ·RBI has proposed to curb revolving credit for NBFCs.
  • ·Bajaj Finance shares fell by 5%.
  • ·Tata Capital and Cholamandalam Investment shares declined by 2.7% and 3.5% respectively.
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