Tag: S S Mundra

RBI may revamp agriculture & MSE lending to spur employment

RBI may revamp agriculture & MSE lending to spur employment

The Reserve Bank of India is looking to revamp the structure of State-Level Bankers’ Committees (SLBC) to facilitate agriculture, micro and small enterprises (MSEs), and other priority sectors’ lending for employment generation, said the bank’s Deputy Governor S S Mundra while addressing bankers …

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SIDBI launches Certified Credit Counsellor programme for MSMEs

SIDBI has launched a programme for Certified Credit Counsellor for MSME on July 11. The program was launched by S S Mundra, Deputy Governor at Mumbai and attended by senior officials of RBI, banks and other stakeholders concerning MSME including from industry associations. MSMEs sector faces seve…

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RBI formulating framework to ease flow of credit to MSMEs

CII-CRISIL Report recommends action points to increase MSME ratings  The Reserve Bank of India (RBI) is initiating a process for putting in place a framework for accreditation of credit counsellors who are expected to serve as facilitators and enablers for micro and small entrepreneurs. RBI Deput…

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SMEs are not major defaulters of bank loans: RBI

Amidst a sense of outrage over big pile of Non-Performing Assets (NPAs) in the public sector banks, the least amount of stress is visible among not- too fancied priority sector borrowers, comprising agriculture and the micro industrial units, according to the latest RBI data. While the ratio of t…