Wednesday, April 29, 2020

Bankers want govt guarantee on incremental loans to MSMEs

Banks are currently offering 10% of outstanding loans to MSMEs as additional working capital at a concessional rate to help them tide over the temporary liquidity crunch.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/bankers-want-govt-guarantee-on-incremental-loans-to-msmes/articleshow/75459495.cms

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