RBI warns of financial risks from surging unsecured debt, speculative trading
India’s rapid digital financial expansion is fuelling both opportunity and risk, with rising unsecured debt and speculative trading posing new challenges for the financial system, Reserve Bank of India (RBI) deputy governor M. Rajeshwar Rao warned Friday. While technology has deepened financial inclusion, Rao said, concerns have emerged over unchecked borrowing and speculative investments that
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