No more loan disbursement in cash above 20k :RBI

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Theranos

https://www.moneycontrol.com/news/business/econ...

Although this isn't new but RBI recently has taken actions on financial Institutions who doesn't implement the guidelines....so cash disbursement is going to be difficult especially for NBFC & experts also view this is even coming to all co -operative banks 

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Deal Subedar Deal Subedar
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Could you elaborate

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Budding Star Budding Star
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Deal Newbie Deal Newbie
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Already mannapurram gold loan stocks are falling and even it's md is trying to calm the situation by saying not disbursing cash to violate rbi guidelines but for customer convenience

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