Aim: To implement scheme of subordinate debt to stressed MSMEs under Atmanirbhar Bharat Abhiyan.

Result/Impact: As the credit facilities extended under the above scheme are backed by a guarantee from CGTMSE, as a special dispensation, it has been decided to permit the banks to reckon the funds infused by the promoters in their MSME units through loans availed under the captioned scheme as equity/quasi equity from the promoters for debt-equity computation.

Source: RBI Circular No. RBI/2020-21/09 DoR.BP.BC.No.01/21.04.048/2020-21 dated July 1, 2020 (