Banks must now link loans for micro, small, and medium enterprises to an external benchmark. This move aims to improve monetary policy transmission. The Reserve Bank of India has also reduced the reset period for these loans. Quality control measures are being phased in with specific exemptions for MSMEs.
MSME lending: RBI nudges banks to link MSME loans to external benchmark; govt lists wider support measures
You May Also Like
Posted in
All
Two Arrested For Raping Minor In UP: Cops
Posted by
avianscape.enterprises@gmail.com