PSU banks slash interest rates on MSME loans up to 100 bps

Economy Bureau
Posted: Tuesday, Dec 16, 2008 at 2331 hrs IST
Updated: Tuesday, Dec 16, 2008 at 2331 hrs IST

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HDFC Bank cuts rates for used cars Union Bank starts auditing branches Pvt banks pip public peers in NPAs Banks likely to retain home loan rates

New Delhi: 7% because this sector provides maximum jobs".

On December 7, the government had announced several steps including extending guarantee cover under Credit Guarantee Scheme on loans from Rs 50 lakh to Rs 1 crore and reducing lock-in period for loans covered under the scheme from 24 months to 18 months for the MSME sector....

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PSU banks slash interest rates on MSME loans up to 100 bps

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