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RBI (RBI) on August 9, 2021, under the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM) has extended mortgage-free loans to self-help groups of ten lakhs. has been increased from _______.
twelve lakh
sixteen lakh
fourteen lakh
twenty lakh
None of the above
Correct Option is 3: twenty lakh
The Reserve Bank of India has notified the enhancement of collateral-free loans to self-help groups (SHGs) from Rs 10 lakh to Rs 20 lakh under Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM). • The entire loan (irrespective of the loan outstanding, even if it subsequently goes below Rs 10 lakh) would be eligible for coverage under Credit Guarantee Fund for Micro Units (CGFMU).
By: Parvesh Mehta ProfileResourcesReport error
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