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    Question

    According to RBI guidelines, what is the timeline for

    banks to process credit decisions for loans up to ₹25 lakh for MSE units?
    A 7 working days Correct Answer Incorrect Answer
    B 10 working days Correct Answer Incorrect Answer
    C 12 working days Correct Answer Incorrect Answer
    D 14 working days Correct Answer Incorrect Answer
    E 21 working days Correct Answer Incorrect Answer

    Solution

    RBI guidelines specify that banks must process credit decisions for loans up to ₹25 lakh for MSE units within a maximum of 14 working days to ensure timely credit flow to the MSME sector.  

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