RBI Eases MSME Lending Norms, Lifts Collateral-Free Loan Threshold To Rs 20 Lakh
According to the RBI, the revised norms are intended to strengthen last-mile credit delivery to micro and small enterprises that often face constraints in providing collateral due to limited asset bases.
According to the RBI, the revised norms are intended to strengthen last-mile credit delivery to micro and small enterprises that often face constraints in providing collateral due to limited asset bases.
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