In a meeting with senior management of major banks on Monday, Reserve Bank of India( RBI) deputy governor Swaminathan J emphasised that lenders should adopt a more empathetic approach towards micro, small, and medium enterprises( MSMEs) facing financial distress....
Additionally, he highlighted the need for digital solutions, alternative credit assessment models, and greater participation in platforms like TReDS by lenders to mitigate the funding challenges the MSME sector is facing....
Swamin
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2025-03-03 00:00:00.0