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8 months ago
BRIEF-India cenbank sanctions additional working capital limits to micro and small enterprises
December 29, 2016 / 11:37 AM / 8 months ago

BRIEF-India cenbank sanctions additional working capital limits to micro and small enterprises

Dec 29 (Reuters) - Reserve Bank of India:

* RBI - sanction of additional working capital limits to micro and small enterprises (mses)

* RBI- this would be a onetime measure up to march 31, 2017 and should thereafter be normalised in fresh working capital assessment cycle

* RBI - banks are advised that they may use the facility of providing above 'additional working capital limit' to their mse borrowers Source text: bit.ly/2hyOKfz

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