.... "There is a need for sensitization of banks' staff towards the needs of small entrepreneurs," KC Chakrabarty, Deputy Governor at the Reserve Bank of India, said recently. "Training is also required to be imparted to branch managers and loan officers for a change in their mindset, away from the perceived risk in financing micro and small enterprises." Coming from a central banker who has been leading the financial inclusion part of the agenda, this statement is a reflection of the state of affairs in lending to small enterprises.....
Read..............
