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    <title>RBI extends Liquidity Support to Micro, Small and Medium Enterprises</title>
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    <description>A dedicated refinance facility to SIDBI under Section 17(4H) will provide liquidity support to MSEs by financing receivables, including export receivables, directly or via selected intermediaries, priced at the prevailing term repo rate with a 90-day flexible draw/repayment window and limited-term availability governed by SIDBI&#039;s Board policy. Separately, incremental credit to medium enterprises by scheduled commercial banks (excluding RRBs) over the stated outstanding amount will qualify as priority sector lending for a temporary period, within the overall priority sector target, to ease sectoral liquidity tightness.</description>
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    <pubDate>Tue, 19 Nov 2013 09:48:30 +0530</pubDate>
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