The Reserve Bank of India has revised rules
pertaining to revival of advances to small
businesses and asked lenders to form district level
committees to resolve stressed loans to
Micro, Small and Medium Enterprises (MSMEs).
Restructuring of loan accounts with exposure of
above ` 25 crore will continue to be governed by
the extant guidelines on Corporate Debt
Restructuring (CDR) or Joint Lenders' Forum
(JLF) mechanism.
There will be district-level committees which will
resolve the stress in MSMEs under their jurisdictions. In case of a MSME banking with
multiple lenders, the lead bank's panel's should
deal with the issue.
The committees shall comprise regional head of
the bank as chairperson, and MSME loans incharge
as the convener and member. The bank
should also appoint an external expert nominated
by the bank and a representative of the State
Government.
The Reserve Bank of India has revised rules
pertaining to revival of advances to small
businesses and asked lenders to form district level
committees to resolve stressed loans to
Micro, Small and Medium Enterprises (MSMEs).
Restructuring of loan accounts with exposure of
above ` 25 crore will continue to be governed by
the extant guidelines on Corporate Debt
Restructuring (CDR) or Joint Lenders' Forum
(JLF) mechanism.
There will be district-level committees which will
resolve the stress in MSMEs under their jurisdictions. In case of a MSME banking with
multiple lenders, the lead bank's panel's should
deal with the issue.
The committees shall comprise regional head of
the bank as chairperson, and MSME loans incharge
as the convener and member. The bank
should also appoint an external expert nominated
by the bank and a representative of the State
Government. 
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