Tuesday, June 17, 2014

Large industries make MSMEs' cash flow lumpy, says RBI Dy Governor Gandhi

.........“There is also an oft-heard complaint from bankers that MSMEs are often quite lackadaisical when it comes to settling their dues. It needs to be recognised that MSMEs often act as ancillaries to large industries, and their cash flows are lumpy. The business orientation of large industries often affects the MSMEs directly, in turn hampering the recycling of funds and business operation of MSME units. “Banks need to take a proactive view, carefully analysing the linkages of the MSME units, when ..............

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