Bank-NBFC co-lending pacts may be expanded to aid MSMEs
Published on: March 17, 2026, 12:55 a.m. | Source: The Economic Times
A parliamentary panel suggests boosting bank and NBFC co-lending to help MSMEs access cheaper credit. It also proposes listing profitable regional rural banks and reinforcing state-run general insurers. The committee highlighted a significant credit gap for small businesses and a decline in insurance penetration. Recommendations include developing climate risk insurance and using business correspondents to reach rural areas.
