Why is it in the news?
RBI introduced measures to stimulate MSMEs and strengthen consumer protection.
Includes changes in collateral-free loans and digital fraud compensation.
Category: Economy
Important Points:
● Collateral-free MSME loan limit proposed to double from ₹10 lakh to ₹20 lakh
● Banks allowed to lend to listed REITs
● ₹25,000 compensation framework for small-value fraudulent digital transactions
● Draft guidelines to curb mis-selling of third-party financial products
● Harmonised rules for loan recovery agents
● Mission SAKSHAM for Urban Cooperative Banks capacity building
● REITs governed by SEBI (REIT Regulations, 2014)
● InvITs governed by SEBI (InvIT Regulations, 2014)
● REITs invest minimum 80% in revenue-generating properties
● InvITs invest minimum 80% in revenue-generating infrastructure assets