Personal revolving lines of credit by NBFCs: nuances and issues

By Kanakprabha Jethani | Executive Vinod Kothari Consultants P. Ltd. (kanak@vinodkothari.com) Personal loans by NBFCs are mostly extended as revolving lines of credit. Most of these facilities are originated by use of online apps. The lender will be quite keen, if there were no regulatory obstacles, to provide this line of credit by way of … Continue reading Personal revolving lines of credit by NBFCs: nuances and issues