Yellow fever warning! Why RBI is so worried about a record growth

The Reserve Bank of India (RBI) has expressed concern regarding the record growth in the banking sector, referring to it as a "yellow fever" warning. The central bank's apprehension stems from the potential risks associated with rapid credit expansion, which could lead to financial instability if not managed properly. The RBI emphasizes the importance of maintaining a balanced approach to growth, urging banks to exercise caution in lending practices. This warning reflects the need for vigilant monitoring of the financial system to prevent overheating and ensure sustainable economic growth.