RBI warns of contagion risk if housing finance companies crumble | Editorji
  1. home
  2. > business
  3. > RBI warns of contagion risk if housing finance companies crumble
replay trump newslist
up NEXT IN 5 SECONDS sports newslist
tap to unmute
00:00/00:00
NaN/0

RBI warns of contagion risk if housing finance companies crumble

Jun 28, 2019 11:16 IST

In a report on India’s financial system, the RBI has warned that from a contagion risk perspective, if a large housing finance company fails, it would have as large an impact as the failure of a large bank. However, the Reserve Bank said things remain stable due to the improved resilience of the banking sector. The bi-annual financial stability report also pointed out stress in the retail lending segment and suggested exercising caution.