RBI governor Shaktikanta Das asks banks to avoid 'all forms of exuberance'

India's central bank governor, Shaktikanta Das, has warned banks and non-bank finance companies (NBFCs) to avoid "all forms of exuberance" and ensure lending is sustainable. The Reserve Bank of India (RBI) recently tightened lending rules to address concerns about the risk associated with small-ticket consumer credit. Das also...