ENA MSME 2025-05-07 16:11:31 <p><span style="font-size:14px"><strong>New Delhi, May 7 (KNN)</strong> Gross bank credit deployment to the Micro, Small and Medium Enterprises (MSME) sector reached Rs 28.4 lakh crore in March 2025, recording a 15.2 percent growth compared to Rs 24.6 lakh crore disbursed during the same period last year, according to the latest data released by the Reserve Bank of India (RBI). </span></p> <p><span style="font-size:14px">The credit disbursed represented 15.6 percent of India's total non-food credit, which stood at Rs 182 lakh crore in March.</span></p> <p><span style="font-size:14px">Micro and small enterprises (MSEs) received Rs 22.4 lakh crore in credit, marking a 13.5 percent increase from Rs 19.7 lakh crore in March of the previous year. </span></p> <p><span style="font-size:14px">Medium enterprises witnessed a more substantial growth of 22.6 percent, with credit allocation rising to Rs 6 lakh crore from Rs 4.9 lakh crore during the same period.</span></p> <p><span style="font-size:14px">In a recent development, policy think tank NITI Aayog published a report on enhancing MSME competitiveness, recommending that the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), which administers the collateral-free credit guarantee scheme, be placed under a robust regulatory authority. </span></p> <p><span style="font-size:14px">The report highlighted that the trust managing the CGTMSE fund currently lacks adequate regulatory authority and oversight in its operations, governance, and access to state-owned funds. </span></p> <p><span style="font-size:14px">According to NITI Aayog, The absence of the desired level of regulatory oversight at CGTMSE leads to challenges in balancing fund availability with financial discipline. </span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 42009 https://knnindia.co.in/news/newsdetails/msme/msme-credit-rises-to-rs-284-lakh-cr-in-march-2025-up-152-rbi 2025-05-07 16:11:31 knnindia.co.in