RBI relaxes rules for resolving stressed MSME loans

Q.  RBI has relaxed rules for resolution of stressed ______ loans on 17th March 2016.
- Published on 18 Mar 16

a. SME
b. SMB
c. MSME
d. None of the above

ANSWER: MSME
 
Reserve Bank of India has revised rules in relation to revival of advances to small businesses and asked lenders to establish district level communities to resolve bad loans to MSMEs or micro, small and medium enterprises. Restricting of loan accounts with exposure of more than INR 25 crore will be governed by CDF or JLF mechanism/ Corporate Debt Restructuring or Joint Lenders’ Forum.

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲