FinMin for tightening banks' exposure limits

.....According to the Reserve Bank of India (RBI)'s current prudential credit norms, a bank can't give loans in excess of 15 per cent of capital funds to a single borrower. The cap is 40 per cent for the borrower group. The government is discussing with RBI and public sector banks (PSBs) on whether to lower the cap for small banks, as well as others not performing well due to high levels of stressed assets......

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