Telang. HC: Passing Preventive Detention Order for Repeated Illegal Sale of Spurious Liquor is Valid  ||  Kerala HC: Police Doesn’t Have Authority to Barge into Homes of History Sheeters at Night  ||  HP HC: Cannot Treat Amount Deposited Under Protest as Admission of Tax Liability  ||  Ker. HC Issues Directions for Notice to Entities Responsible for Polluting Thevara-Perandoor Canal  ||  Gauhati HC Issues Circular Directing Completion of Child Trafficking Cases Within 6 Months  ||  Delhi HC: Online Gaming Platform Winzo Files Suit against Removal of its YouTube Channel  ||  Supreme Court: Court’s Interim Order Only Applicable on Parties in the Suit  ||  SC Deprecates Practice of Parties Getting Bail & Later Going Back on Statements  ||  SC Proposes Laying Down Guidelines for Grant of OBC Certificates to Children of Single Mothers  ||  Mad. HC: Assistant Commissioner Can’t Issue Blanket Prohibitory Order Restraining Entry of Vehicles    

Credit to MSME entrepreneurs- (Reserve Bank of India) (05 May 2021)

MANU/RMIC/0063/2021

Banking

1. This is with reference to circular DOR.No.Ret.BC.37/12.01.001/2020-21 dated February 5, 2021, on captioned subject.

2. In terms of the above circular, Scheduled Commercial Banks were allowed to deduct the amount equivalent to credit disbursed to new MSME borrowers from their Net Demand and Time Liabilities (NDTL) for calculation of the Cash Reserve Ratio (CRR). This exemption was available up to Rs. 25 lakh per borrower for the credit disbursed up to the fortnight ending October 1, 2021.

3. It has been decided to extend this exemption for such credits disbursed up to the fortnight ending December 31, 2021. All other instructions contained in the circular ibid remain same.

Tags : CREDIT   MSME   ENTREPRENEURS  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved