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    HomeNewsOpinionShaktikanta Das’ warning on ‘growth at any cost’ is an eye opener for aggressive MFIs

    Shaktikanta Das’ warning on ‘growth at any cost’ is an eye opener for aggressive MFIs

    Some NBFCs have been pushing credit to customers beyond their borrowing capacity by imposing stiff performance targets on employees

    Dinesh Unnikrishnan
    October 11, 2024 / 08:55 IST
    Shaktikanta Das’ warning on ‘growth at any cost’ is an eye opener for aggressive MFIs

    It is fair to assume that the governor’s comments are a prelude to the next round of regulatory action to send a stern message to certain stakeholders

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