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Mudra

Raghuram Rajan News

Ex. RBI Chief, Raghuram Rajan Warns for an NPA Threat from MSME Loans Through SIDBI Schemes

Quoting a 17-page note to the Parliamentary Estimates Committee, Raghuram Rajan said both the MUDRA loans as well as the Kisan Credit Card, while popular, have to be examined more closely for potential credit risk. The Credit Guarantee Scheme for MSME (CGTMSE) run by SIDBI is a growing contingent liability and needs to be examined with urgency.

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