Bank managers have no sense of how much money can be productively used by MSME borrowers in the current circumstances and are afraid to lend. If the MSME sector is to be revived, there would have to be transparency and coordination across all stakeholders.
Posts published by “SSA Khader”
Dr. SSA Khader is an expert on finance and banking. He was formerly Chief General Manager of State Bank of India and served as Chairman of two leading banks in Indonesia.
Has the lockdown truly prevented COVID-19 from gripping India – or has the ‘cure’ been worse than the disease? Stories from the ground suggest that the livelihoods of millions of Indians have been harmed, perhaps irreparably, with no coherent policy framework for their revival.