RBI guv asks banks to treat MSMEs as growth partners
Mumbai: Reserve Bank of India (RBI) Governor Sanjay Malhotra Monday urged banks to step up digital adoption and fundamentally change their approach towards micro, small and medium enterprises (MSMEs), saying the sector should be treated as a long-term business partner rather than a regulatory obligation.
He was speaking in celebration of the International MSME Day 2026 in Kochi on Monday. He advised entrepreneurs 'to take ownership of your growth by investing in technology, R&D and innovation as consumer preferences and expectations evolve."
He was speaking in celebration of the International MSME Day 2026 in Kochi on Monday. He advised entrepreneurs 'to take ownership of your growth by investing in technology, R&D and innovation as consumer preferences and expectations evolve."
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