RBI increases exposure threshold for Resolution Framework 2.0
Enhances maximum aggregate exposure to ₹50 crore for MSMEs and others
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Enhances maximum aggregate exposure to ₹50 crore for MSMEs and others
The regulator had earlier announced resolution framework 2.0 under which maximum exposure of Rs 25 crore for MSMEs as well as non-MSME small businesses, and loans to individuals for business purposes could be recast if they faced.
Uniindia: Mumbai, Jun 4 (UNI) Reserve Bank of India (RBI), in a bid to expand the coverage of the Resolution Framework 2.0, announced a doubling of the maximum aggregate exposure to Rs 50 crore on Friday.
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