Bajaj Finance shares rally 3% as RBI eases lending norms for NBFCs

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Bajaj Finance rose 2.9% as RBI eased risk weight norms on bank loans to NBFCs.
The rollback is expected to boost credit flow and capital ratios for banks.
Financial stocks, including Bandhan Bank and IndusInd Bank, surged.
Analysts welcomed the move but warned of selective lending and sectoral risks.

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