NPA norms for MSMEs need to be reviewed: CEA Nageswaran

Chief Economic Adviser (CEA) V. Anantha Nageswaran on Friday said the RBI should review the non-performing asset (NPA) classification norms for micro, small and medium enterprises (MSMEs) to align them with the practices and cash flow patterns of these firms. He highlighted that businesses across diverse sectors have different cash flow cycles and a uniform […]