April 19, 2024
Loans

Sharp spike in speculative trades triggers RBI curbs on unsecured loans 

Unusually high spurt in certain select activities such as crypto currency trades, equity derivatives and online gaming such as teen patti, rummy, ludo and cricket related games over the last 12 months may have alerted the Reserve Bank of India to look into unsecured loans being used for these activities. “A lot of these (trades) are done

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