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What is the quantum of refinance provided?

April 26, 2017provided Quantum Refinance

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10 Posted

What is the quantum of refinance provided?

1 Answer

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10 Posted

Quantum of refinance linked to gross level NPA of the Bank. Gross level of NPA Quantum of refinance Less than 20% 40% of RLP of the Bank Above 20% 35% of RLP of the Bank RLP = Realistic Lendable Programme i.e. the crop loans expected to be issued during the year. Average growth in crop loans issued during the previous three years should be the basis for deciding the RLP.