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The Reserve Bank of India (RBI) has doubled the exposure threshold for MSMEs looking to apply for restructuring their business. The limit was earlier locked
The central bank doubled the loan restructuring limits of struggling small businesses to Rs 50 crore from Rs 25 crore in view of the impact of the second wave of COVID-19 on such companies
The Reserve Bank of India (RBI) has increased the exposure threshold to benefit under its Resolution Framework 2.0 to Rs 50 crore.The 'Resolution Framework 2.0' announced by RBI on May 5, 2021, so far had mandated a maximum aggregate exposure ...
By way of an incentive, banks will be permitted to park their surplus liquidity up to the size of loan book created under this scheme with the RBI under reverse repo window at a rate which is 25 basis points lower than repo rate.
Chairman of Apparel Export Promotion Council A. Sakthivel has said that the Reserve Bank of India policy review on Friday will facilitate the industry to bounce from the impact of COVID-19. As the cou