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- To what amount has the RBI raised banks’ maximum aggregate retail exposure limit to entities with turnover up to ₹50 crore?
Question 1:
To what amount has the RBI raised banks’ maximum aggregate retail exposure limit to entities with turnover up to ₹50 crore? A. Rs 8.50 crore
B. Rs 7.50 crore
Feedback In a bid to increase credit flow to small businesses, the RBI raised banks’ maximum aggregate retail exposure limit to entities with turnover up to ₹50 crore to ₹7.5 crore, up from ₹5 crore. In another notification, the RBI said it has been decided to extend the dispensation of the enhanced Held to Maturity (HTM) limit of 22 per cent for SLR securities acquired between September 1, 2020 and March 31, 2021, up to March 31, 2022.
C. Rs 8.00 crore
D. Rs 5.00 crore
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