The Reserve Bank of India ( RBI ) has announced the exemption from cash reserve ratio (CRR) maintenance for incremental credit disbursed by them as retail loans to automobiles, residential housing, and loans to micro, small and medium enterprises (MSMEs). It has been announced in paragraph 3 of the Statement on Developmental and Regulatory Policies of […]
The post RBI announces Exemption from Cash Reserve Ratio Maintenance for Incremental Credit Paid to Automobiles, Residential Housing, MSMEs appeared first on Taxscan | Simplifying Tax Laws.
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