Use coupon code TOP15 on all courses


Classification of Micro, Small and Medium Enterprises

Enterprises Annual Turnover
Micro Enterprises Does not exceed 5 crore rupees
Small Enterprises More than 5 crore rupees but does not exceed 75 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 percent lending target of ANBC or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher for banks.

Join 40,000+ readers and get free notes in your email