RBI's new message to banks: Rethink MSME ties
Synopsis RBI Governor Sanjay Malhotra urged banks to embrace digital transformation and view MSMEs as vital partners, not just compliance. Speaking at International MSME Day
Synopsis RBI Governor Sanjay Malhotra urged banks to embrace digital transformation and view MSMEs as vital partners, not just compliance. Speaking at International MSME Day, he stressed investing in technology, R&D, and innovation for entrepreneurs. Malhotra highlighted the need for financial institutions to leverage digital infrastructure like Account Aggregator and ULI for efficient, data-driven credit.
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