RBI Proposes Restricting NBFCs to Term Loans, Limits Revolving Credit Offerings
The Reserve Bank of India (RBI) has proposed new regulations restricting non-banking financial companies (NBFCs) to offering only term loans, effectively barring them from providing revolving credit products such as credit cards. This restriction excludes NBFCs already authorized to issue credit cards, like SBI Cards and BoB Cards. Standalone NBFCs will require prior approval and a minimum net-owned fund of Rs 100 crore to independently issue credit cards. The RBI is inviting stakeholder feedback on these draft guidelines before finalizing them.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (50/100). Lens Score 40/100.
Outlets measured: economictimes, businessstandard. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–50/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
businessstandard broke this story on 6 Aug, 03:12 pm. Other outlets followed.
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