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MSME & START-UP BULLETIN, VOLUME 1, ISSUE 1, AUGUST 2022
Master Direction - Lending to Micro, Small &
Medium Enterprises (MSME) Sector
(Updated as on July 29, 2022)
RBI/FIDD/2017-2018/56
Master Direction FIDD.MSME & NFS.12/06.02.31/2017-18 July 24, 2017
(Updated as on July 29, 2022)
(Updated as on April 25, 2018)
The Chairman / Managing Director / Chief Executive Offi cer
All Scheduled Commercial Banks
(excluding Regional Rural Banks)
Madam/Dear Sir,
Master Direction - Lending to Micro, Small & Medium Enterprises (MSME) Sector.
The Reserve Bank of India has, from time to time, issued a number of instructions / guidelines to banks
relating to lending to the Micro, Small and Medium Enterprises Sector. The Master Direction enclosed
incorporates the updated instructions / guidelines on the subject. The list of circulars consolidated in this
Master Direction is indicated in the Appendix.
Yours faithfully
(Nisha Nambiar)
Chief General Manager.
To access the Master Direction:
https://www.rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=11060#MD
To access the Apendix:
https://www.rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=11060#AP1
The Institute of Cost Accountants of India 53