Bank Loan Norms News

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RBI lays down norms on loan system for large borrowers

In respect of borrowers having aggregate fund based working capital limit of Rs150 crore and above, a minimum level of 'loan component' of 40% will be effective from 1 April 2019, said the RBI guidelines

1 min read5 Dec 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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