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RBI's

How RBI’s ban on Lou’s is affecting SME’s

After the infamous Nirav Modi scam came to light the RBI on 14th March decided to put a ban on Lou's- Letter of Understanding What is Lou's? Lou is a bank guarantee using which a customer can borrow money in the form of short-term credit from another...

How RBI’s ban on Lou’s is affecting SME’s was last modified: May 25th, 2018 by FlexiLoans

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