RBI Raises Small Loan Limit for UCBs to ₹3 Crore:
The Reserve Bank of India (RBI) has revised the small-value loan ceiling for Urban Co-operative Banks (UCBs), increasing it to ₹3 crore per borrower. This change is part of a broader initiative to redefine small-value loans and strengthen the financial stability of UCBs. While the new cap allows greater lending flexibility, RBI has retained existing conditions, timelines, and prudential norms to ensure responsible credit allocation.
