RBI vide Notification No. RBI/2021-22/30 dated 5th May,2021 has decided to extend the exemption for credit disbursement of MSME Entrepreneurs. 1.Scheduled Commercial Banks were allowed to deduct the amount equivalent to credit disbursed to new MSME borrowers from their Net Demand and Time Liabilities (NDTL) for calculation of the Cash Reserve Ratio (CRR). This exemption was available up to ₹ 25 lakh per borrower for the credit disbursed up to the fortnight ending October 1, 2021. 2.It has been decided to extend this exemption for such credits disbursed up to the fortnight ending December 31, 2021
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