A large helping for the small sector

Credit Delivery

 The Reserve Bank of India (RBI) today gave a booster shot to the small scale industries (SSI) by allowing banks to increase the loan limit to the tiny units from Rs 15 lakh to Rs 25 lakh for dispensation of collateral requirement. This is expected to improve the flow of credit to the SSIs.

 The central bank, in its Mid-Term Review of the Monetary and Credit Policy, said: