Saturday, December 8, 2018

News Letter: MSME Ombudsman Suggested


News Letter
MSME Ombudsman Suggested
For the creation of healthy MSME sector, Banks are supposed to follow, RBI guidelines/Directives/Circulars in the right spirit but it is not happening and unnecessary delay by banks are harming MSME sectors growth.
SLIIC and EC, we have experimented but it did not yield the desired result.
Can we have MSME Ombudsman for MSME at RBI or any other institution can be created?  
If govt or RBI can think in this direction will help to create healthy MSME and create a sustainable ecosystem.


Regards,
N.P. Desai

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