The RBI’s August 2026 draft seeks greater transparency in retail loan pricing by requiring lenders to disclose their benchmarks, methodologies and spreads, effective April 2027. In this article published in BasisPointInsights on 27th October 2026, the author argues that India’s retail loan pricing needs more than just transparency as customer-facing objectives. Certain issues around non-price drivers of usury, the possible misuse of the regulatory freedoms to set business strategy premiums, and the inefficiencies in the models for risk-based pricing and capital allocation, raise deeper questions about fairness and access to affordable credit.
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Read Digital Article: BasisPointInsight.com – RBI’s Loan Pricing Draft Still Leaves Hard Questions Over Fairness by Deepti George