Consider the following statements regarding the RBI’s initiatives to bridge the MSME credit gap:
1. The RBI mandates a sub-target of 7.5% of banks’ adjusted net bank credit for micro enterprises under Priority Sector Lending (PSL).
2. Collateral-free loans are limited to ₹10 lakh for micro and small enterprises under the CGTMSE scheme.
3. The Trade Receivables Discounting System (TReDS) facilitates MSME financing by creating an electronic platform for discounted trade receivables.
1
1 only
2
2 and 3 only
3
1 and 3 only
4
1 and 2 only
5
All of the above