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RBI monetary policy committee: Relief for MSMEs hit by GST transition

Bankers welcomed the move saying this extension would benefit both MSMEs

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Rbi Monetary Policy

Nikhat Hetavkar  |  Mumbai 



Steel

The Reserve Bank of India (RBI) has announced two relief measures for micro, small and medium enterprises (MSMEs) by providing them additional time to repay banks, and removing the credit limit on MSMEs in the services sector, which falls under the priority sector.

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First Published: Thu, February 08 2018. 00:27 IST


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