Friday, September 13, 2019

RBI reduces risk weight for consumer credit

The Reserve Bank of India (RBI) has decided to reduce the risk weight for customer credit, including personal loans, but excluding credit card receivables, to 100%. Currently, the risk weight for such credit is 125 per cent or higher.

from taxmann.com News https://ift.tt/2AdVZR1
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...