RBI board decisions: MSME loan restructuring scheme in the works2 min read . Updated: 20 Nov 2018, 08:49 AM IST
Scheme for MSMEs with maximum loans of up to 25 crore will be subject to conditions that are necessary for 'ensuring financial stability', says RBI
New Delhi: The Reserve Bank of India (RBI) will consider a scheme for restructuring of stressed assets of micro, small and medium enterprises (MSMEs) with loans of up to ₹ 25 crore on the advice of its board which met on Monday. However, the MSME loan restructuring scheme will be subject to conditions that are necessary for “ensuring financial stability", RBI said in a statement after a nine-hour marathon meeting.
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