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Development · 18 Jul 2026

Banks are seeking RBI clarity on collateral-free loans up to Rs 20 lakh for small businesses, as some accounts are not covered under the government-backed guarantee scheme and borrowers are unwilling to pay additional guarantee fees.

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The record

Banks are seeking RBI clarity on collateral-free loans up to Rs 20 lakh for small businesses, as some accounts are not covered under the government-backed guarantee scheme and borrowers are unwilling to pay additional guarantee fees.

indiatimes.com18 Jul 2026

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