Mumbai, Oct. 27 -- Reserve Bank of India (RBI) has announced that 30th Meeting of the Standing Advisory Committee (SAC) to review the flow of credit to the Micro, Small and Medium Enterprises (MSME) sector was held in Coimbatore on October 27, 2025, under the chairmanship of Swaminathan J, Deputy Governor, RBI. The Deputy Governor acknowledged the critical role of the MSME sector as the key driver of India's economic growth, employment, and industrial and regional diversification. Reaffirming the Reserve Bank's commitment to further strengthen the credit ecosystem for MSMEs, he referred to initiatives such as the Unified Lending Interface (ULI), Account Aggregator framework, and the Regulatory Sandbox, which are facilitating data-driven a...
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