Tag: small loan

RBI may revamp agriculture & MSE lending to spur employment

RBI extends time before small loan accounts classified as NPA

The Reserve Bank of India (RBI) on December 28  further eased the prudential norms for classifying a loan account as non-performing asset (NPA) in respect of small borrowers. In its notification, the RBI said on reviewing its November 21 order, it has been decided to provide additional 30 days &#…