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RBI has increased the monetary ceiling of gold loans under Bullet Repayment Scheme from Rs. 2.00 lakh to Rs. 4.00 lakh for UCBs

in Business, National October 9, 2023 Comments Off on RBI has increased the monetary ceiling of gold loans under Bullet Repayment Scheme from Rs. 2.00 lakh to Rs. 4.00 lakh for UCBs 684 Views

Newdelhi:9/10/23:Under the leadership of Prime Minister Shri Narendra Modi and guidance of Union Home Minister and Minister of Cooperation, the Ministry of Cooperation is committed to strengthening cooperatives and treating them at par with other forms of economic entities, both as beneficiaries and participants.

In order to remove difficulties faced by the Urban Co-operative Banks (UCBs), the Reserve Bank of India RBI has increased the monetary ceiling of gold loans under the Bullet Repayment Scheme from Rs. 2.00 lakh to Rs. 4.00 lakh for UCBs to meet prescribed Priority Sector Lending (PSL) target.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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