Thursday, 1 December 2016

RBI tightens lending norms for larger corporates

RBI tightens lending norms for larger corporates Reserve Bank of India (RBI) has tightened the rules for bank’s lending to large corporate entities. The rule is applicable from April 1, 2019.
According to the new norms, banks can lend loans or take exposure to one company only to the extent of 20 percent of...

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