{"id":126401,"date":"2021-11-23T08:58:02","date_gmt":"2021-11-23T08:58:02","guid":{"rendered":"https:\/\/www.edristi.in\/?p=126401"},"modified":"2021-11-23T08:58:03","modified_gmt":"2021-11-23T08:58:03","slug":"easing-of-current-account-rules","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/easing-of-current-account-rules\/","title":{"rendered":"Easing of current account rules"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question : RBI partly eases current account rules for bank exposures less than Rs _<\/strong><br>a. 5 crore<br>b. 4 crore<br>c. 3 crore<br>d. 6 crore<br><strong>Ans. a.<br>Related facts &#8212;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>RBI has recently(October 2021) eased current account rules for bank exposures less than Rs 5 crore.<\/li><li>Now, banks may open current accounts for borrowers who have availed credit facilities in the form of cash credit (CC)\/ overdraft (OD) from the banking system.<\/li><li>The decision came after the RBI reviewed and took into account the feedback received from Indian Banks\u2019 Association and other stakeholders.<\/li><li>It is notable that RBI in August 2020 had brought in the guidelines around restriction of current accounts opened by banks.<\/li><li>These were to enforce credit discipline and check diversion of funds.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Link:<\/strong><br><a href=\"https:\/\/www.timesnownews.com\/business-economy\/industry\/article\/rbi-partly-eases-current-account-rules-for-bank-exposures-less-than-rs-5-crore\/827817\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.timesnownews.com\/business-economy\/industry\/article\/rbi-partly-eases-current-account-rules-for-bank-exposures-less-than-rs-5-crore\/827817<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question : RBI partly eases current account rules for bank exposures less than Rs _a. 5 croreb. 4 crorec. 3 crored. 6 croreAns. a.Related facts &#8212; RBI has recently(October 2021) eased current account rules for bank exposures less than Rs 5 crore. Now, banks may open current accounts for borrowers who have availed credit facilities [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":126402,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-126401","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/126401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=126401"}],"version-history":[{"count":1,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/126401\/revisions"}],"predecessor-version":[{"id":126403,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/126401\/revisions\/126403"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/126402"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=126401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=126401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=126401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}