Policy measures include the concept of priority sector lending which, through affirmative action, helps channelize credit to small and medium industries; collateral free lending for loans up to Rs 10 lakh; guidelines for faster processing of loan applications by banks; allowing composite loans for working capital and term loans; specialised MSME branch in most districts; adoption of the cluster-centric approach; guidelines to expedite payments to MSME suppliers; collective forums to resolve issues relating to MSMEs including State Level Inter-Institutional Committees (SLIICs) amongst others.
BIS central bankers’ speeches  3  21. Today institutions such as SIDBI, NABARD, EXIM Bank, Housing Finance Institutions (HFIs), and State Finance Corporations, the various commercial banks as well as venture capital providers and Micro Finance Institutions are a part of the financial infrastructure for providing finance to small entrepreneurs and to spur entrepreneurship. 22.