{"id":70232,"date":"2019-09-13T11:00:00","date_gmt":"2019-09-13T11:00:00","guid":{"rendered":"http:\/\/blastingskyhawk.com\/?p=70232"},"modified":"2019-09-13T11:00:01","modified_gmt":"2019-09-13T11:00:01","slug":"rbi-reduces-risk-weight-for-consumer-credit","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/rbi-reduces-risk-weight-for-consumer-credit\/","title":{"rendered":"RBI reduces risk weight for consumer credit"},"content":{"rendered":"\n<p>Banks will be able to lend more to customers for buying consumer products such as mobile phones, home appliances, two-wheelers and three-wheelers, with the Reserve Bank of India cutting the risk weight for consumer credit, including personal loans.<\/p>\n\n\n\n<p>While credit card receivables have been excluded, what this cut means is that banks can offer consumer loans by setting aside relatively lesser capital. The RBI on Thursday cut the risk weight to 100 per cent from 125 per cent.<\/p>\n\n\n\n<p>This reduction in risk weight comes at a time when the consumers\u2019 perception of the general economic situation and the employment scenario has softened, according to the RBI\u2019s Consumer Confidence Survey in July.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Banks will be able to lend more to customers for buying consumer products such as mobile phones, home appliances, two-wheelers and three-wheelers, with the Reserve Bank of India cutting the risk weight for consumer credit, including personal loans. While credit card receivables have been excluded, what this cut means is that banks can offer consumer [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":70233,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-70232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/70232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=70232"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/70232\/revisions"}],"predecessor-version":[{"id":70234,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/70232\/revisions\/70234"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/70233"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=70232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=70232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=70232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}