Chennai, Feb. 1 -- "The combination of equity, formalisation, and compliance enablement represents a significant shift in MSME financing away from balance sheet lending to a full-stack growth model as a result of the 2026 Budget, Binod Kumar, MD and CEOof Indian Bank, said on Sunday.
Reacting to the Budget, he said lenders will have significantly reduced long-term credit risk and there will be increased governance through the Rs 10,000 crore MSME Growth Fund, Corporate Mitra initiative, and top-up of the Self Reliant India Fund.
Lenders can now capitalise on these initiatives to build momentum for supply chain financing, co-lending alliances, and expandingcredit availability, particularly to the manufacturing sector, textiles sector,agri-...