Deputy Governor KC Chakrabarty of Reserve Bank of India summoned banks for showing laxity while financing to small and medium enterprises in the country. SME's need working capital and for which they seek loans. So, banks should be willing to lend out loans to small businesses.

When the bank management starts to monitor the loan applications then obviously more SMEs ...

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The credit policy announced by Reserve Bank of India (RBI) has direct and indirect effects on MSMEs. They are meant for stepping up credit flow to small and medium enterprises and all public sector banks need to implement them to help the credit become accessible.

• The RBI has decided to make ...

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The Reserve Bank of India should keep the country's micro, small and medium enterprise (MSME) sector outside its proposed base rate regime which will be the new benchmark lending rate for banks from July 1, the Associated Chambers of Commerce and Industry urged the central bank on Tuesday. Keeping MSMEs outside base rate regime would enable this sector access liquidity at ...

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Industry body Assocham asked the Reserve Bank of India to allow foreign institutional investors (FII) to participate in debt markets as a way to maintain stability in the market, said LiveMint.com. Assocham pushed for measures to strengthen the debt market in advance RBI’s upcoming monetary policy. In April RBI slashed short-term lending and borrowing rates by 25 basis ...

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The industry body ASSOCHAM urged the Reserve Bank of India to maintain interest rate levels to allow India Inc.'s expansion plans to go continue. President Sajjan Jindal cautioned that changes in the credit reserve ratio (CRR) of 8.75% and repo rate of 8.5% would make credit too costly to permit expansion and modification in the industry. At the same time, ...

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