Question

    What is the composite loan limit that can be sanctioned

    by banks to MSE entrepreneurs under a single window for both working capital and term loan needs?
    A ₹10 lakh Correct Answer Incorrect Answer
    B ₹25 lakh Correct Answer Incorrect Answer
    C ₹50 lakh Correct Answer Incorrect Answer
    D ₹1 crore Correct Answer Incorrect Answer
    E ₹2 crore Correct Answer Incorrect Answer

    Solution

    As per RBI Master Directions, banks may sanction a composite loan of up to ₹1 crore to Micro and Small Enterprises (MSEs) under a single window for both working capital and term loans. This streamlines processing and increases credit efficiency for small businesses.

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