Cbi Requirement

Only available on StudyMode
  • Download(s) : 87
  • Published : April 5, 2013
Open Document
Text Preview
MSE KIT

CENTRAL BANK OF INDIA

MICRO & SMALL
ENTERPRISES (MSE)
INFORMATION KIT

|

CENTRAL BANK OF
INDIA
PRIORITY SECTOR
DEPARTMENT
1

MSE KIT

CENTRAL BANK OF INDIA

CENTRAL OFFICE,
MUMBAI

INDEX

Sr.
No
1.

PARTICULARS

PAGE
NO
2

MSMEs- Unique Features

2.

MSMED Act
Enterprises

&

Definition

of

Micro,

Small

and

Medium 3

3.

T argets for Domestic Commercial Banks.

4

4.

T he Banking Codes and Standard Board of India (BCSBI)- code of Bank's Commitment to Micro and Small Enterprises.

5

5.

Common Guidelines instructions for lending to MSE sector

5

6.

Activities to be classified under Micro & Small Enterprises

7

7.

Our MSE Products

10

8.

Assessment of Credit for MSE units

12

9.

Pricing

13

10.

Rating

14

11.

Security Norm

16

12.

Credit Guarantee Fund Trust for Micro and Small Enterprises 17 (CGTMSE)

13.

Simplified Common Loan Applications

18
2

MSE KIT

CENTRAL BANK OF INDIA

14.

MSME Initiative by Bank

18

15.

Our expectations

19

16.

New Development

20

17.

Goal Post for current financial year

21

18.

Incentive Scheme

21

MSMEs – UNIQUE FEATURES
 MSME sector employs about 60.00 million persons spread over 26.1 million enterprises. In terms of value, the sector accounts for about 45% of the manufacturing output and around 40% of the total export of the country. The sector contributes 8% to GDP, which is expected to raise to level of 10%.  Bank’s exposure under MSE sector has shown significant growth during the financial year 2009-10 and 2010-11 precisely, the sector grew by 59.72% and 33.56% respectively.

MSMED ACT
ENTERPRISES

&

DEFINITION

OF

MICRO,

SMALL

AND

MEDIUM

The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 on June 16, 2006 which was notified on October 2, 2006
Definition of Micro, Small and Medium Enterprises (engaged in the manufacture or production, processing or preservation of goods)  A micro enterprise is an enterprise where investment in plant and machinery does not exceed Rs. 25 lakh;

 A small enterprise is an enterprise where the investment in plant and machinery is more than Rs. 25 lakh but does not exceed Rs. 5 crore; and  A medium enterprise is an enterprise where the investment in plant and machinery is more than Rs.5 crore but does not exceed Rs.10 crore.

Investment in plant and machinery (irrespective of whether the plant and machinery are new or second handed), is the original cost excluding land and building and the specified by the Ministry of Small Scale Industries vide its notification No. S.O. 1722(E) dated October 5, 2006

3

MSE KIT

CENTRAL BANK OF INDIA

Definition of Enterprises engaged in providing or rendering of services and whose investment in equipment (original cost excluding land and building and furniture, fittings and other items not directly related to the service rendered or as may be notified under the MSMED Act, 2006)  A micro enterprise is an enterprise where the investment in equipment does not exceed Rs. 10 lakh;

 A small enterprise is an enterprise where the investment in equipment is more than Rs.10 lakh but does not exceed Rs. 2 crore; and
 A medium enterprise is an enterprise where the investment in equipment is more than Rs. 2 crore but does not exceed Rs. 5 crore.
 These will include small road & water transport operators, small business, professional & self-employed persons and all other service enterprises.

KHADI AND VILLAGE INDUSTRIES SECTOR (KVI)
All advances granted to units in the KVI sector, irrespective of their size of operations, location and amount of original investment in plant and machinery will be covered under priority sector advances and will be eligible for consideration under the sub-target (60 per cent) of the small enterprises segment...
tracking img