Are there any limits on lending through the platform as per the directions?

By IndianMoney , 9 months ago
The RBI directions, under sub-parts 2 and 4 of its Prudential Norms, state that a lender cannot lend more than Rs. 10,00,000 to all borrowers across all platforms. Further, he can't lend more than Rs. 50,000 to a single borrower across all platforms.