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CIRCULAR REGARDING RESOLUTION FRAMEWORK - 2.0: RESOLUTION OF COVID-19 RELATED STRESS OF MICRO, SMALL AND MEDIUM ENTERPRISES (MSMES), REVISION IN THE THRESHOLD FOR AGGREGATE EXPOSURE (CIRCULAR DATED – 04.06.2021) – RBI

Updated on:4th Jun, 2021
Clause 2 of the above circular specifies the eligibility conditions for MSME accounts to be considered for restructuring under the framework, which inter alia include sub-clause (iii) which states that the aggregate exposure, including non-fund based facilities, of all lending institutions to the MSME borrower should not exceed ₹25 crore as on March 31, 2021. Based on a review, it has been decided to enhance the above limit from ₹25 crore to ₹50 crore. Consequently, clause 2(v) would stand modified. All other provisions of the circular remain unchanged
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