MSME registration now allowed for wholesalers, retailers: RBI to banks

2021-07-08 10:12:11

NEW DELHI: Days after the government announced that wholesale and retail trade would come under the ambit of micro, small and medium enterprises, the Reserve Bank of India (RBI) has written to banks that wholesale and retail traders are now allowed to be registered on the Udyam Registration Portal and get classified as an MSME.

Udyam Registration Portal is the official portal to register an MSME.

The Ministry of Micro, Small and Medium Enterprises through

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