Mumbai, February 10 The Reserve Bank of India (RBI) on Tuesday released draft amendment guidelines for lending, proposing to allow urban cooperative banks to double the share of unsecured assets to 20 per cent.According to the draft guidelines for UCBs, the central bank is proposing to...
Mumbai, February 9 The Reserve Bank of India (RBI) on Monday announced amendments to its lending guidelines for the micro, small and medium enterprises (MSME) sector, increasing the collateral-free loan limit for micro and small enterprises (MSEs) to Rs 20 lakh in a move aimed at improving...