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RBI asks NBFCs to disburse cash loans only up to Rs 20,000: Report

RBI asks NBFCs to disburse cash loans only up to Rs 20,000: Report

May 09, 2024, at 02:16 am

Mumbai: The Reserve Bank of India (RBI) cautioned non-bank finance companies (NBFC) on Wednesday, advising them against providing cash loans exceeding the permitted threshold of Rs 20,000 ($240), media reported.