Capital Infusion in MSME Sector

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..... Capital Infusion in MSME Sector
News and Press Release
Dated:- 30-7-2015

To facilitate an easy access to finance by MSMEs, the Government/RBI has: (i) launched Credit Guarantee Fund Sch .....

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..... eme for Micro and Small Enterprises to provide guarantee cover for collateral free credit facilities extended to micro and small enterprises (MSEs) upto ₹ 1 Crore. (ii) issued guidelines in man .....

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..... datorily requiring banks to dispense with collateral requirement for loans upto ₹ 10.00 lakh to MSEs. (iii) set up a Micro Units Development & Refinance Agency (MUDRA) Ltd. which would be respo .....

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..... nsible for refinancing all Micro-finance Institutions (MFIs), which are in the business of lending to micro / small business entities engaged in manufacturing, trading and services activities upto  .....

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..... 377; 10.00 lakh. This information was given by the Union Minister for Micro, Small and Medium Enterprises, Shri Kalraj Mishra in a written reply to a question in Rajya Sabha here today.
News - Pr .....

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..... ess release - PIB .....

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