RBI plans to up individual loan limits for UCBs unsecured advances to ₹5 lakh- ₹10 lakh range
As per the draft amendment directions for UCBs, the central bank also proposes to revise the aggregate ceiling for unsecured advances to 20 per cent of total loans & advances from the extant ceiling of 10 per cent of total assets.
As per the draft amendment directions for UCBs, the central bank also proposes to revise the aggregate ceiling for unsecured advances to 20 per cent of total loans & advances from the extant ceiling of 10 per cent of total assets.
What's Your Reaction?
DDP Editor
Admin managing news updates, RSS feed curation, and PR content publishing. Focused on timely, accurate, and impactful information delivery.
