RBI increases limit on large group exposures

  1. home
  2. > economy
  3. > RBI increases limit on large group exposures
replay trump newslist
up NEXT IN 5 SECONDS sports newslist
tap to unmute
00:00/00:00
NaN/0

RBI increases limit on large group exposures

May 22, 2020 14:11 IST

The Reserve Bank of India on Friday raised the group exposure limit of banks to 30% from 25% for a temporary period till 30 June, 2021. The step was taken as many corporates are finding it difficult to raise funds from the capital market and are predominantly dependent on funding from banks.

Economy