RBI conducts NAMCABs Workshop for Bankers in Pelling
RBI's Initiative to Enhance MSME Lending Skills
Gangtok: Reserve Bank of
India (RBI), Gangtok, organized a two-day workshop under the National Mission
for Capacity Building of Bankers (NAMCABs) initiative at Pelling, Gyalshing
district, on January 28-29, 2025. The workshop aimed to enhance customer
sensitivity in financial services. In his keynote address, Mr Thotngam Jamang,
Regional Director, RBI, Gangtok, advised bankers to show empathy in providing
customer services. He emphasized the importance of understanding the specific
entrepreneurial needs of MSME financing in the state of Sikkim.
Mr Subash Luyagun,
Manager, RBI, delivered a session on the recent RBI guidelines for MSME
financing, covering topics such as collateral-free lending, cluster financing,
credit proposal tracking, documentation, foreclosure charges, and co-lending
guidelines. Mr Rahul Verma, Manager, RBI, delivered sessions on technological
interventions for MSME financing, guidelines on digital lending, the TReDs
platform, the role of fintechs, monitoring of advances, and management of
stress in MSME accounts. Representatives from the State Level Bankers'
Committee, TransUnion CIBIL, and SIDBI conducted sessions on debt recovery
tribunals, the SARFAESI Act, and Lok Adalats for recovery of MSME loans. They
also discussed the use of credit scoring and rating models for financing MSMEs,
the role of credit information companies in MSME lending, and CGTMSE
guidelines.
The program
received positive feedback from the bankers, who appreciated the workshop. The
bankers requested that the RBI conduct such workshops more frequently to support
their ongoing knowledge enhancement. More than 30 bank officials from various
bank branches in the districts of Geyzing, Namchi, and Soreng attended the
workshop. In his welcome address, Mr Goda Ravishankar, General Manager, RBI,
explained the importance of MSME units in contributing to India's GDP growth,
exports, and providing employment opportunities. He emphasized the need for
bankers to fill the credit gaps in MSME financing. -PIB
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