Knowledge Centre & Circulars
Curated repository of official RBI circulars, MSME Ministry notifications, banking norms, and statutory compliance updates — fully attributed with issuing authorities, review dates, and source URLs.
Master Direction – Priority Sector Lending (PSL) – Targets and Classification
Operational guidelines for commercial banks governing mandatory 40% priority sector lending targets, sub-targets for Micro Enterprises (7.5%), and credit guarantee scheme coverage norms.
Enhancement of Ceiling Limit for Credit Guarantee Scheme for MSEs to ₹500 Lakhs
Circular notifying elevation of credit guarantee ceiling from ₹200 Lakhs to ₹500 Lakhs, reduction of annual guarantee fees to 0.37% for micro units, and inclusion of women/SC/ST concessional bands.
Framework on Assessment of Working Capital (Tandon & Nayak Committee Guidelines)
Standard appraisal methodology for assessing Maximum Permissible Bank Finance (MPBF). Method I vs Method II guidelines, Current Ratio benchmark (1.33), and the Turnover Method for credit limits under ₹5 Crores.
Section 15 to 24 of MSMED Act 2006: Delayed Payments to Micro & Small Enterprises
Statutory provisions mandating buyers to make payment within 45 days (or agreed period) with compound interest at 3x the RBI bank rate for defaults, and Income Tax Act Section 43B(h) disallowance rules.
Statutory & Regulatory Notice
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