RBI Grade BNABARD ESISEBI
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Context:
“RBI MPC Unpacked: Key Theory Meets Today’s Macro Trends”Tap to play · from the C4S channel
To enhance the availability, accessibility, and affordability of credit for micro, small, and medium enterprises (MSMEs), the National Small Industries Corporation (NSIC) signed Memoranda of Understanding (MoUs) with five private sector banks on 11th August 2025 under its MSME Credit Facilitation Program.
Key Highlights:
- Partner Banks: Axis Bank, Dhanlaxmi Bank, Karnataka Bank, AU Small Finance Bank, and IndusInd Bank.
- Objective: To link MSMEs to the formal financial system and expand banks’ outreach to deserving micro and small enterprises.
Some MSME-Related Schemes in India
- Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
- Collateral-free loans up to ₹5 crore.
- Guarantees up to 75–85% of loan amount.
- Encourages banks/NBFCs to lend to MSMEs.
- Prime Minister’s Employment Generation Programme (PMEGP)
- Subsidy scheme for setting up new micro-enterprises.
- Subsidy: 15–35% of project cost depending on category and region.
- Implemented by KVIC (Khadi and Village Industries Commission).
- MUDRA Yojana (Pradhan Mantri MUDRA Yojana – PMMY)
- Loans up to ₹10 lakh under three categories:
- Shishu: up to ₹50,000
- Kishore: ₹50,000 – ₹5 lakh
- Tarun: ₹5 – ₹10 lakh
- Loans up to ₹10 lakh under three categories:
- Self-Reliant India (SRI) Fund
- ₹50,000 crore equity infusion scheme to help MSMEs grow and expand.
