No more loan disbursement in cash above 20k :RBI
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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News .
https://www.desidime.com/discussions/no-more-loan-disbursement-in-cash-above-20k-rbi?page=1#post_10066609
Could you elaborate
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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