https://www.taxtmi.com/circulars?id=67255 The circular enacts the MSMED Act revisions by prescribing new investment-based thresholds for manufacturing and service enterprises, clarifying that lending to medium enterprises is excluded from the priority sector, requiring banks to implement the revised definitions immediately, replace earlier Master Circular provisions with the annexed text, compile and submit prescribed quarterly category-wise data, adopt comprehensive MSME lending policies, and apply strengthened delayed-payment remedies including compound interest and referral to facilitation councils for disputes. en-us Wed, 04 Apr 2007 00:00:00 +0530 Fri, 15 Mar 2024 15:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67255 The circular enacts the MSMED Act revisions by prescribing new investment-based thresholds for manufacturing and service enterprises, clarifying that lending to medium enterprises is excluded from the priority sector, requiring banks to implement the revised definitions immediately, replace earlier Master Circular provisions with the annexed text, compile and submit prescribed quarterly category-wise data, adopt comprehensive MSME lending policies, and apply strengthened delayed-payment remedies including compound interest and referral to facilitation councils for disputes. Circulars RBI Wed, 04 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67255