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RBI Relaxes Norms on Loans to CEOs, Directors of Banks - (17 Sep 2015)

RBI has said that loans granted to CEO and Whole Time Director of banks for purchasing car, personal computer, furniture, constructing/acquiring house for personal use, festival advance and credit limit under credit card facility will not be considered as ‘loans and advances’ in some specific cases.

Tags : RBI   LOANS TO CEOS   DIRECTORS OF BANKS  

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