Small finance banks ask RBI to relax loan mix rules
In short
Small finance banks have asked the RBI to relax the rules on how they split their loan books. The request is about the loan portfolio mix.
What the reporting says
Small finance banks have asked the RBI to ease the prescription on loan portfolio composition. The request was made to reduce pressure on how these lenders allocate their loans, according to the market brief.
Why it matters
Small finance banks have requested the RBI to ease the prescription on loan portfolio composition. The issue is relevant for smaller lenders that must manage lending mix rules under RBI oversight.