to the statistical caliber of the China Banking and Insurance Regulatory Commission, the loans mean small and micro business loans and those issued to privately owned businesses and small and micro business owners with a total credit limit for a single account of below RMB 10 million (inclusive)...
on the loans/ advances. The RBI has further advised that there will be no capitalisation of penal charges i.e. no further interest will be computed on such penal charges. However, the above mentioned shall not affect the normal procedure for compounding of interest in the loan account. ...