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#RBI eases norms on Current, Overdraft & Cash credit accounts
-RBI removes restrictions on cash credit accounts for borrowers with ₹10 crore exposure and allows any lender with more 10% exposure to maintain current/OD accounts
-RBI rejects proposals to dilute monitoring norms or extend the 2-day transfer rule, retaining strict controls on fund flow, compliance and misuse prevention.
#rbi #creditcard #rbinorms #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
-RBI removes restrictions on cash credit accounts for borrowers with ₹10 crore exposure and allows any lender with more 10% exposure to maintain current/OD accounts
-RBI rejects proposals to dilute monitoring norms or extend the 2-day transfer rule, retaining strict controls on fund flow, compliance and misuse prevention.
#rbi #creditcard #rbinorms #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
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