An eight-member expert committee, constituted by the Reserve Bank of India, has reportedly suggested eliminating the requirement for collateral to avail loans (collateral-free business loans) of up to Rs. 20 lakhs for the MSMEs. Notably, the current ceiling for the…
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sme business financing
How To Avail SME Business Loan At The Lowest Interest Rate?
January 24, 2019
An SME business loan is a financial product specially designed for the SMEs in India in order to help them in meeting their financial requirements. The SME and MSME loans in India are offered by various lenders. An SME business…