RBI increases banks’ loan exposure limit to single NBFC

According to the extant 'Large Exposures Framework (LEF)', banks' exposure to a single non-banking financial company (NBFC) is restricted to 15 per cent of their available eligible capital base, while general single counter-party exposure limit is 20 per cent, which can be extended to 25 per cent by banks' boards under exceptional circumstances.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/31hJQ9z