Reserve Bank of India (RBI) has announced some changes after its fresh Monetary Policy Committee (MPC) meeting, which can prove to be the game changer especially for middle class and small investors, where Repo Rate has been kept stable at 5.50%. RBI has taken two major decisions that can increase the liquidity of investors. Loan Against Shares Limit has been increased from ₹ 20 lakh to ₹ 1 crore. Now if you have share, then you can get more funding in return, which can improve your liquidity or any business for business. For Need. IPO Financing Limit has been increased to ₹ 25 lakhs. It means that now small and mid-level investors can also participate in IPOS with a bigger stake. This step is a big chance towards increasing the financial power and opening new ways of investment for middle class.
Big news for Middle Class Investors from RBI! Paisa Live | Big News for Middle-Class Investors From RBI!
