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Promotion of MSME Sector

News and Press Release - Dated:- 7-2-2017 - The details of Gross Non-Performing Assets (GNPAs) and GNPA ratio to large industries and Corporate Sector and MSE Sector during the last fifteen years is as per details given below. SCHEDULED COMMERCIAL BANKS (SCBs) Year Ended NPA in MSME (Priority Sector Only) NPA Ratio NPA in Large Industries NPA Ratio 2002 22,392 18.25 14,587 13.63 2003 18,163 13.47 23,986 11.83 2004 19,022 11.30 15,920 9.03 2005 16,471 6.43 12,859 4.80 2006 10,956 5.94 9,676 2.81 .....

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f 7.5 percent of ANBC or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher, has been prescribed for Scheduled Commercial Banks (SCBs) for lending to Micro Enterprises. ii) Computation of working capital requirements of MSE units to be done by banks on the basis of simplified method of minimum 20% of the projected annual turnover of the unit for borrowal limits up to ₹ 5 crore. iii) A Standing Advisory Committee has been constituted by the Reserve Bank of India, wi .....

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e case of loans upto ₹ 10 lakh extended to units in the MSE sector. Banks have also been advised to strongly encourage their branch level functionaries to avail of the Credit Guarantee cover, including making performance in this regard a criterion in the evaluation of their field staff. vi) In terms of the recommendations of the Prime Minister s Task Force on Micro, Small and Medium Enterprises (MSMEs) constituted by the Government of India, all Scheduled Commercial Banks (SCBs) have been .....

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plication form as well as on the acknowledgement receipt. Banks are further encouraged to start Central Registration of loan applications. viii) The Banking Codes and Standard Board of India (BCSBI) formulated a Code of Bank's Commitment to Micro and Small Enterprises in 2008. The new code 2015 has reduced the time frame for disposal of loan applications. ix) In order to solve the problem of delayed payment to MSMEs, RBI has come out with the guidelines for setting up and operating the Trade .....

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