Keki Mistry, Former VC & CEO of HDFC, discussed RBI Governor Shaktikanta Das’s caution on unsecured lending risks. While Mistry acknowledged diligent loan assessments, he admitted RBI might notice lapses in certain entities, indicating potential tightened norms. The general lending system’s diligence and top-up loan impact on housing loans were key points of concern.
Silver hits $60 per ounce for first time, gold rises ahead of Fed rate decision
Gold prices edged higher as traders anticipated the U.S. Federal Reserve’s interest rate decision. Meanwhile, silver surged to an all-time high of over $60 per