Mundra said there are many “strong and logical” reasons to showcase the importance of the MSME sector in strengthening banking industry because big industrial loans have huge problems and banks cannot merely rely on consumer and/or retail loans.
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Tag: small loans
deAsra signs up 3 banks to fund small enterprises
Pune-based small business advisory firm deAsra undertook a strategic initiative with three city-based banks recently to provide small loans to individual entrepreneurs. DeAsra, which is backed individually by Persistent’s CEO Anand Deshpande, issued a statement saying, “DeAsra’s…