As bank branches across the country struggle to meet the surging demand for cash, the government is looking at options that include opening a separate banking window for labour-intensive industrial units in sectors such as textiles and construction to enable them easier access to cash to make wor…
Tag: INDIAN BANKS’ ASSOCIATION
Rs. 200 crore for Performance & Credit Rating Scheme to enable MSME credit access
Union MSME Minister Kalraj Mishra addressed a post-Budget press conference on March 08, 2016 in New Delhi and announced an all-time high budget of Rs. 200 crore for Performance and Credit Rating Scheme for financial year 2016-17. The allocation would enable units to be ready for accessing credit.…