Federation of Indian Micro and Small & Medium Enterprises (FISME) has announced support to firms that are interested in developing innovative practices for MSME (micro, small and medium enterprises) lending as part of the third cohort of Regulatory Sandbox mooted by the Reserve Bank of India (RBI).
Revealing this, FISME President Dr Animesh Saxena welcomed the regulatory sandbox approach adopted by the RBI to spur innovations for MSME lending and hoped it would help the framework evolve in a matured fashion. Meanwhile, Saxena also asked interested companies to contact FISME for discussions and experimenting with member companies.
