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RBI Pledges Support for MSMEs Amid Geopolitical Uncertainties

10/28/2025

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Summary

Story summary

Reserve Bank of India's Deputy Governor Swaminathan J. said Micro, Small, and Medium Enterprises (MSMEs) are crucial to India's growth.
He reaffirmed RBI's commitment to improving credit access via the Unified Lending Interface and Account Aggregator framework.
The meeting addressed information asymmetry and delayed payments and urged digital tools like the Trade Receivables Discounting System.
Industry associations raised concerns about geopolitical uncertainties affecting the sector and sought government support.

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Story summary

Reserve Bank of India's Deputy Governor Swaminathan J. said Micro, Small, and Medium Enterprises (MSMEs) are crucial to India's growth.
He reaffirmed RBI's commitment to improving credit access via the Unified Lending Interface and Account Aggregator framework.
The meeting addressed information asymmetry and delayed payments and urged digital tools like the Trade Receivables Discounting System.
Industry associations raised concerns about geopolitical uncertainties affecting the sector and sought government support.