group identities like caste, religion and language. Therefore, for improving SME credit delivery the banks need to be guided …Millions of Indian SMEs who depend for their growth on banks – the only source of credit at normal market price – are … our capital-starved SME sector, which is also our biggest employer …

Ceilings on lending rates remain a widely used policy tool that is intended to lower the overall cost of credit or …-effects. These side-effects include increases in non-interest fees and commissions, reduced price transparency, lower credit supply … alternatives to reduce the cost of credit …