Banks brace for stress in MSME books as recast window shuts

Banks brace for stress in MSME books as recast window shuts

Banks brace for stress in MSME books as recast window shutsJan 12, 2022, 06:42 AM IST

Banks are closely watching their micro, small and medium enterprises (MSME) portfolio for signs of stress after the deadline for implementation of the latest Reserve Bank of India (RBI) restructuring plan ended in December.

DMI Finance raises $47 million from Sumitomo Mitsui Trust Bank, othersJan 12, 2022, 07:37 AM IST

"We are excited to start the partnership with DMI and build the future of finance. Digital financing in India is entering a high growth phase and will be instrumental in achieving financial inclusion," a spokesperson for Sumitomo Mitsui Trust Bank was quoted as saying in the statement.

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