The Reserve Bank of India has capped loans for share purchases at ₹1 crore per borrower across the banking system, with IPO and ESOP funding limited to ₹25 lakh. These measures aim to curb speculative borrowing and reduce credit risk for banks.
No need for a rate hike unless inflation spikes: Economists
Bank economists have told the Reserve Bank of India that there is no immediate need to raise the repo rate or change the monetary policy