RBI constitutes a committee for institutional credit to MSME sector

Tuesday, July 02, 2013: The Reserve Bank of India (RBI) has constituted a standing advisory committee to discuss credit related issues concerning Micro, Small and Medium Enterprises (MSMEs). The committee will include deputy governor, RBI as chairman, officials of Ministry of Micro, Small and Medium Enterprises, banks and associations as members. The committee will examine issues like improving credit flow for the MSME sector, difficulties/constraints faced by MSMEs to avail credit and steps to overcome them, etc.