Question
As per RBI guidelines, banks may provide a composite
loan to Micro and Small Enterprise (MSE) entrepreneurs through a single window covering both working capital and term loan needs. What is the maximum limit for such a loan?Solution
A composite loan facility enables MSE entrepreneurs to access both working capital requirements and term loan needs through a single sanction, simplifying the lending process and reducing procedural delays. • The Reserve Bank of India (RBI) has allowed banks to extend composite loans up to ₹1 crore under this facility. • This provision ensures that small enterprises can avail credit for both day-to-day operations and fixed asset creation without approaching banks separately for different categories of loans.  Correct Answer: ₹1 crore (Option 2)
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