RBI Monetary Policy Committee: Small businesses to get up to Rs 20 lakh collateral free loans
RBI MPC 2026 announcement: The Reserve Bank of India has doubled the upper limit for collateral-free loans to micro and small enterprises (MSEs) from Rs 10 lakh to Rs 20 lakh. This revision, effective April 1, 2026, aims to combat inflation and improve access to formal credit for these crucial economic contributors.