LatestLicenses And Certifications 12 November 2026
RBI Urges Banks to Expand Credit for MSMEs
The Reserve Bank of India has urged banks to boost credit access for micro, small and medium enterprises by promoting wider use of the Udyam Registration, Udyam Assist and TReDS platforms, and by expanding formal coverage. Officials emphasized that stronger financial support and formalisation are essential for MSME growth and resilience.
The RBI called on banks to step up credit support for MSMEs and to push formalisation through key digital tools.
- Promote broader adoption of Udyam Registration and Udyam Assist.
- Increase participation in the TReDS platform for invoice discounting.
- Expand overall coverage of MSMEs under formal credit schemes.
Banking officials were told that these measures are critical to improve MSME resilience and growth. For full details, see the original article.
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