RBI organises capacity building workshop forBankers on MSME financing

Jammu, June, 30: The 9th workshop of National Mission for Capacity Building of Bankers for financing MSME sector (NAMCABS) was organized by RBI, Jammu in Hotel Lemon Tree, Jammu   on June 28 and 29, 2018. The workshop was inaugurated by Shri A. K. Mattu, General Manager and Officer- Incharge, RBI, Jammu & Kashmir. Around 26 participants from various banks functioning in the State participated in the workshop. In his inaugural address, Mr Mattu highlighted the importance of MSME sector, their contribution in GDP, country's exports, providers of employment and the important role that was required to be played by banks. He also impressed upon the need to make concerted efforts and commitment from banking fraternity to encourage development of the sector.  He explained to the bank officials as to howlending to MSMEs was a win-win situation for the banks as well, as sound business opportunities. He also briefed about the availability of various schemes and facilities like CGTMSE, provision of additional support in case a unit was under difficulty including hand holding, availability of certified credit counsellors availability of TReDs platform for immediate encashment of receivables of MSMEs, etc. Shri Satish Sharma, AGM, RBI in his welcome address, highlighted the significance of holding this workshop, which was to hone skills of officers/ branch managers of the banks to understand and aid lending to MSMEs and wherever necessary hand-hold the entrepreneurs. He stated that the MSMEs sector was important pillar of economic development and employment for the State and therefore banks must come forward and augment lending to the sector.

The training sessions focused on the entrepreneurial sensitivity, soft skills required to handle the first generation entrepreneurs as well as existing MSME borrowers, timely and adequate funding to the MSME customers and prompt rehabilitation measures to revive viable MSME units, etc. Experts faculty from RBI and J&K Bank took various sessions.Shri Manik Gupta, Assistant Director (ZED), Quality Council of India, Ministry of Commerce & Industry, GOI also tooka sessionon the Government’s initiative on Zero Defect Zero Effect (ZED) for manufacturing MSMEs. Shri PradeepVaid, General Secretary and Shri Bansi Lal Gupta, Senior Vice President from Association of Industries, Jammu also interacted with the participants. The programme was well received and appreciated by all the participants.