Classification of Micro, Small and Medium Enterprises

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
rupees
Medium Enterprises More than 75 crore rupees but does not exceed 250 crore
rupees

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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