Tag: MSME loans
RBI revises threshold for exposure limits of borrowing in Resolution Framework-2 for MSMEs In August 2020 RBI, in view of the need to support the MSME entities on account of the fallout of Covid19 and in view of the Resolution Framework for COVID 19 – related Stress permitted …
RBI extends restructuring of MSMEs existing loans without downgrade in asset classification In August 2020, to support the MSME entities on account of Covid-19 pandemic RBI had permitted that existing loans to MSMEs classified as ‘standard’ may be restructured without a downgrade in the asset classification. In view …
PSB Loans in 59 minutes FAQ. It enables In-Principle approval for MSME loans up to INR 1 Crore in 59 minutes from Public Sector Banks PSB Loans in 59 minutes is an online marketplace, which will enable In-Principle approval for MSME loans up to INR 1 Crore in …