The advices that the RBI made was 60% of MSE advances for Micro Enterprises by 2012-13, to be achieved in three stages: i.e. 50% by 2011, 55% in 2012 & 60% in 2013 also banks are advised to achieve a 20% year-on-year growth in credit to micro and small enterprises.
Further banks are also advised to achieve a 20% year-on-year growth in credit to micro and small enterprises.
Moreover the interest rates have been deregulated by RBI and thereafter the respective banks own lending policies govern these interest rates. The loans that banks can disburse should not be below the Base Rate.
Further, as reported by Small Industrial Development Bank of India (SIDBI) the total outstanding credit to MSME in Rajasthan as on March 31, 2011 has been estimated to be approximately Rs. 1676 crore seeing a growth of 81 per cent as compared to the previous year.