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New asset classes emerge amid RBI crackdown
short by Rupesh Pandit / on Thursday, 7 March, 2024
Investors shift from NBFC stocks to safer assets as RBI penalizes two for poor loan practices. Markets and gold prices hit record highs, while CRISIL forecasts a doubling of India's per capita income to $4,500 in seven years. RBI's new rules for credit card networks aim to enhance customer choice, reflecting a dynamic financial landscape.
read more at The Core