RBI Tells Lenders About Addition Of Wholesalers As Little And Medium Enterprise

INSUBCONTINENT EXCLUSIVE:
Centre has included wholesalers and retailers under category of micro, small and medium enterprisesThe Reserve Bank of India (RBI) on
and medium enterprises (MSME) sector.In a notification sent to chairpersons of all public sector banks, commercial banks, rural financial
institutions, non banking finance companies and cooperative banks, the RBI has informed them about the change in definition.The decision to
include retail and wholesale trade in the definition of micro, small and medium enterprises sector was taken by the Ministry of micro, small