Loans given to agri & MSE borrowers against ‘voluntary pledge’ of gold, silver not violation of norms: RBI
RBI’s clarification comes amid some Central bank inspectors holding the opinion that such loans cannot be classified as agriculture and MSE loans, under the priority sector lending norm.
RBI’s clarification comes amid some Central bank inspectors holding the opinion that such loans cannot be classified as agriculture and MSE loans, under the priority sector lending norm.
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