đź’¨ Abstract
The Reserve Bank of India has partially relaxed loan rules for small borrowers and non-bank lenders, decreasing risk weight requirements for consumer microfinance loans from 125% to 100%. The change follows a delay in proposals to increase capital for new project loans and digital deposits, and comes after a change in leadership at the central bank. Additionally, risk weights for banks' exposure to non-bank lenders based on their credit rating have been restored.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
Suggested
Bangladesh Army Chief warns against creating confusion over 2009 BDR mutiny
Banu Mushtaq’s Kannada short story collection on International Booker Prize longlist
Kejriwal acted as middleman for liquor lobby: Delhi BJP chief on CAG report on excise policy
UP BJP MLC raises concern over 'rampant' sale of Chinese 'manjha' despite ban
Circle of rope, knots, 'ghunghroo': How families are keeping together in milling crowds at Kumbh
Court order on minister Kokate's plea seeking stay on forgery case conviction likely on March 1
Chris Pratt misses Parks and Recreation cast, says 'they're like family'
FTA, Ukraine conflict, IMEC, and sanctions on agenda for European Commission chief's India visit
Bihar govt exempts small hospitals from registration under Clinical Establishments Act
Saddened by plight of women in Afghanistan but tomorrow's game offers hope: Buttler
Powered by MessengerX.io