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

  • 07th, June 2021
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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

  • 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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