RBI Governor Sanjay Malhotra urged banks to embrace digital transformation and view MSMEs as vital partners, not just compliance. Speaking at International MSME Day, he stressed investing in technology, R&D, and innovation for entrepreneurs. Malhotra highlighted the need for financial institutions to leverage digital infrastructure like Account Aggregator and ULI for efficient, data-driven credit.

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.