MSME loan rules, gathered in one place

This rulebook is called the MSME Sector lending Directions, 2017.

named by the words MSME · RBI Para 1.1 · Read it in place

Every MSME must register online on the Udyam portal for its certificate.

named by the words Udyam · RBI Para 2.2 · Read it in place

Banks must use the Udyam certificate's own classification for priority sector lending.

named by the words Udyam · RBI Para 2.2 · Read it in place

Retail and wholesale traders now count as MSMEs for priority sector lending.

named by the words MSMEs · RBI Para 2.3 · Read it in place

Banks should grow credit to micro and small units 20 per cent a year.

named by the words micro and small enterprise · RBI Para 3.2 · Read it in place

Banks must publish MSME credit information on a separate website tab.

named by the words MSMEs · RBI Para 4.4 · Read it in place

Banks must track every MSME loan application through a central e-tracking system.

named by the words MSME · RBI Para 4.7 · Read it in place

Banks must give MSME applicants their rejection reasons in writing.

named by the words MSME · RBI Para 4.7 · Read it in place

Banks must flag early stress in an MSME account before it turns bad, using three SMA sub-categories.

named by the words MSME · RBI Para 4.6 · Read it in place

This revival Framework covers MSME units with loan limits up to 25 crore rupees.

named by the words MSME · RBI Para 4.6 · Read it in place

Public sector banks should open at least one MSME branch per district.

named by the words MSME · RBI Para 5.1 · Read it in place

A branch with 60 per cent or more MSME advances may be labelled a specialised MSME branch.

named by the words MSME · RBI Para 5.1 · Read it in place

RBI's Regional Directors chair Empowered Committees on MSMEs at each Regional Office.

named by the words MSMEs · RBI Para 5.2 · Read it in place

Banks should keep following the Code of Commitment to MSEs even as BCSBI dissolves.

named by the words Micro and Small Enterprise · RBI Para 5.3 · Read it in place

Banks may set up special cells or use their Financial Literacy Centres for MSME outreach.

named by the words MSME · RBI Para 5.4 · Read it in place

A buyer and an MSME supplier cannot agree on more than forty-five days to pay.

named by the words MSME · RBI Para 5.6 · Read it in place

Banks should set aside working-capital sub-limits so large borrowers can pay their MSME suppliers.

named by the words MSMEs · RBI Para 5.6 · Read it in place

Only an MSME, as the MSMED Act defines it, can be a seller.

named by the words MSME · RBI Para 3 · Read it in place

The platform must confirm the seller is a genuine MSME.

named by the words MSME · RBI Para 17 · Read it in place

Working capital up to 1 crore rupees, or 5 crore for micro and small firms, may be judged on projected turnover.

named by the words micro and small enterprise · RBI Para 2 · Read it in place

There are eight categories: agriculture, enterprises, exports, education, housing and three more.

named by the words Micro, Small and Medium · RBI Para 5 · Read it in place

A Key Facts Statement is required for every retail and small business term loan.

named by the words MSME · RBI Para 29 · Read it in place

Micro, small and medium enterprise are defined by the MSME credit circular.

named by the words MSME · RBI Para 12 · Read it in place

A Key Facts Statement is required for every retail and small business term loan.

named by the words MSME · RBI Para 309 · Read it in place

Micro, small and medium enterprise are defined by the MSME credit circular.

named by the words MSME · RBI Para 6 · Read it in place

A Key Facts Statement is required for every retail and small business term loan.

named by the words MSME · RBI Para 256 · Read it in place

Micro, small and medium enterprise are defined by the MSME credit circular.

named by the words MSME · RBI Para 7 · Read it in place

A Key Facts Statement is required for every retail and small business term loan.

named by the words MSME · RBI Para 368 · Read it in place

Micro, small and medium enterprise are defined by the MSME credit circular.

named by the words MSME · RBI Para 6 · Read it in place

The agenda covers government schemes, from crop insurance and farm credit to housing and micro loans.

named by the words MSME · RBI Para 9 · Read it in place

A Key Facts Statement is required for every retail and small business term loan.

named by the words MSME · RBI Para 170 · Read it in place

Micro, small and medium enterprise are defined by the MSME credit circular.

named by the words MSME · RBI Para 5 · Read it in place

Floating personal, retail and MSME loans must sit on an external benchmark.

named by the words MSME · RBI Para 24 · Read it in place

Small business revival rules under a separate MSME circular are not covered here.

named by the words MSMEs · RBI Para 4 · Read it in place

Micro, small and medium enterprise are defined by the MSME credit circular.

named by the words MSME · RBI Para 5(8) · Read it in place

Floating personal, retail and MSME loans must sit on an external benchmark.

named by the words MSME · RBI Para 24 · Read it in place

Claims on RBI and on the deposit insurance body carry the Central Government weight.

named by the words Micro and Small Enterprise · RBI Para 24 · Read it in place

A Key Facts Statement is required for every retail and small business term loan.

named by the words MSME · RBI Para 348 · Read it in place

Small business revival rules under a separate MSME circular are not covered here.

named by the words MSMEs · RBI Para 4 · Read it in place

Micro, small and medium enterprise are defined by the MSME credit circular.

named by the words MSME · RBI Para 6 · Read it in place

Floating rate home, auto and MSME loans must be linked to an External Benchmark Rate.

named by the words MSME · RBI Para 25 · Read it in place

Unrated small business loans outside the retail pool weigh 85 per cent.

named by the words MSMEs · RBI Para 15 · Read it in place

A Key Facts Statement is required for every retail and small business term loan.

named by the words MSME · RBI Para 348 · Read it in place