| Master Circular - Lending To Small & Medium Enterprises (Smes) Sector |
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RBI/2006-07/
37
RPCD.PLNFS. BC.
No.6/ 06.02.31/ 2007-08 July
2, 2007 The
Chairman/Managing Director/
Chief
Executive Officer
All
Scheduled Commercial Banks
(including
Regional Rural Banks/Local Area Banks)
Dear
Sir, MASTER
CIRCULAR -
LENDING
TO SMALL & MEDIUM ENTERPRISES (SMEs) SECTOR As
you are aware, the Reserve Bank of India has, from time to time, issued a number
of guidelines/instructions/directives to banks in regard to matters relating to
lending to Micro,
Small & Medium Enterprises Sector. To enable the banks to have current
instructions at one place, a Master Circular incorporating the existing guidelines/instructions/directives
on the subject has been prepared and is appended. This Master Circular consolidates
the instructions issued by the RBI up to June 30, 2007, which are listed in the
Appendix, to the extent they deal with the MSME sector lending
by commercial banks.
Please
acknowledge receipt. Yours
faithfully, (G.Srinivasan)
Chief General Manager |
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