Bajaj Finance Tumbles After RBI Targets Revolving Credit: Shares fell over 4% to Rs 1,086 after RBI proposed banning NBFCs from offering revolving credit facilities, a move that could disrupt consumer lending models.
RBI Bans Harsh Loan Recovery Tactics: New rules prohibit threats, abuses, social media harassment, and disabling phones except for gadget loans, effective January 1, 2027, bringing relief to borrowers.