ABCD of MSME Credit
Published By: Reserve Bank of India on eSS | Published Date: August, 23 , 2016According to MSME Ministry’s Annual Report for 2015-16, MSME sector in India today is
a network of 51 million enterprises providing employment to 117.1 million persons and
contributing 37.5 per cent of India’s GDP. credit is perhaps the most critical component for MSME entrepreneurs.
Provision for Credit is essentially dependent on four pivotal issues which can be called as ABCD that is, Access/Availability, Banks and Business, Collateral requirements, Documentation. [Keynote address delivered by at the 2nd CII National Conference on MSME Funding held in New Delhi
of credit].
Author(s): S.S. Mundra | Posted on: Aug 29, 2016 | Views() | Download (849)