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RBI issues revised norms for cash credit, overdraft facility
December 12, 2025
|Business Standard
THESE AIM TO STRENGTHEN CREDIT DISCIPLINE AND FACILITATE BETTER MONITORING OF TRANSACTIONS AND UTILISATION OF FUNDS
‘The Reserve Bank of India (RBI) on Thursday issued revised norms to provide greater flexibility to banks for opening and maintaining three types of accounts: Cash credit, current, and overdraft.
‘These accounts are predominantly used for business and commercial transactions.
هذه القصة من طبعة December 12, 2025 من Business Standard.
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