Economic package: Banks to go all out in pushing MSME loans
Last week, FM Sitharaman announced support measures including 20% extra working capital finance for small businesses with an outstanding debt of up to ₹25 crore and sales of up to ₹100 crore, provided they have not defaulted on loan repayments
After finance minister Nirmala Sitharaman met heads of public sector banks on Friday, lenders said they plan to zealously implement the governments plan for credit push to small businesses.
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