‘Digital loans, investing pose new challenges’ – Times of India

‘Digital loans, investing pose new challenges’ – Times of India

[ad_1] MUMBAI: The increasing digitalisation of investments and credit is creating new challenges for monetary authorities, RBI deputy governor Michael Patra said. “The shift from traditional modes of savings can affect the transmission of monetary policy impulses to the real economy. Second, central banks need to be vigilant about the possibilities of debt escalation and…

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