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Classification of Micro, Small and Medium Enterprises

Published on Wednesday, August 07, 2019
Enterprises Annual Turnover
Micro Enterprises Does not exceed 5 crore rupees
Small Enterprises More than 5 crore rupees but does not exceed 50 crore
Medium Enterprises More than 75 crore rupees but does not exceed 250 crore

Priority Sector lending for Micro-enterprises

For Micro Enterprises, there is a 7.5 per cent lending target of ANBC or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher for banks.

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