RBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He noted strong credit growth in Kerala's MSME sector and detailed RBI's initiatives to bridge credit gaps, including enhanced collateral-free loans and the Trade Receivables Discounting System. Banks were urged to partner with MSMEs, with the upcoming Unified Lending Interface set to simplify credit access.

Emphasising the Reserve Bank of India (RBI) continued committment to the MSME sector, RBI Governor Sanjay Malhotra on Sunday described Micro, Small and Medium Enterprises (MSMEs)…

RBI Governor highlights MSMEs as vital partners in India's growth, urging banks to enhance credit access through digital infrastructure.