RBI panel on MSMEs suggests Rs 20 lakh collateral-free loan under Mudra
A Reserve Bank of India (RBI) expert committee on micro, small and medium enterprises (MSMEs) has recommended doubling the cap on collateral-free loans to Rs 20 lakh from the current Rs 10 lakh. This will be extended to borrowers falling under the Mudra scheme, self-help groups, and MSMEs, said a person privy to the development. READ ON...
PM Narendra Modi starts pre-Budget meets to brainstorm on economy
In the run-up to the Union Budget, Prime Minister Narendra Modi has lined up a string of meetings spread across

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