https://www.taxtmi.com/news?id=13759 Overdraft facilities are governed by Board approved credit policies in compliance with RBI directions under the Banking Regulation Act; such loan policies must prescribe exposure limits for individual and group borrowers, documentation standards, margin and security requirements, sectoral exposure limits, delegation of powers, maturity and pricing policies, and factors for deciding interest rates, and banks consider individual proposals based on commercial judgment within that policy framework. en-us Sat, 20 Dec 2014 09:58:28 +0530 Sat, 20 Dec 2014 09:58:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13759 Overdraft facilities are governed by Board approved credit policies in compliance with RBI directions under the Banking Regulation Act; such loan policies must prescribe exposure limits for individual and group borrowers, documentation standards, margin and security requirements, sectoral exposure limits, delegation of powers, maturity and pricing policies, and factors for deciding interest rates, and banks consider individual proposals based on commercial judgment within that policy framework. News - Sat, 20 Dec 2014 09:58:28 +0530 https://www.taxtmi.com/news?id=13759