RBI to compile list of MSMEs lacking access to bank credit

......While welcoming the RBI’s move, the president of the Tirupur Exporters Association (TEA), A Sakthivel, said, “The government keeps saying that a certain portion of bank credit should be kept aside for MSMEs, but there is no monitoring. They should have a mechanism to monitor whether the target is achieved or not, and stringent action should be taken against banks which do not meet targets.”..........

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