New Delhi: The Reserve Bank of India (RBI) has increased the retail lending limit for units with business up to Rs 50 crore to Rs 7.5 crore. Earlier this limit was five crore rupees. The initiative aims to increase debt flow for small companies. The Reserve Bank issued a release stating that 75 per cent risk weight would apply to all new loans and existing loans.

Under this, companies will be able to take loans from the bank up to a revised limit of Rs 7.5 crore. The release said, 'To reduce the cost of loans for private and small companies with a business up to Rs 50 crore and to conform to the Basel Guidelines, raise the limit of Rs 5 crore for gross retail loans to Rs 7.5 crore. It has been decided to make Rs.

Earlier, it was announced by RBI Governor Shaktikanta Das on October 9 after a meeting of the Monetary Policy Committee. In another notification, the RBI stated that the enhanced limit under the 'Held to Maturity' (holding of securities till maturity) for statutory liquidity ratio (SLR) securities from September 1, 2020 to March 31, 2021 has been provided to the 22 percent arrangement as on March 31, 2022 It has been decided to allow till.

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