More than 25,586 crore sanctioned to over 1,14,322 accounts by the Banks under Stand-Up India Scheme in 5 years https://www.taxtmi.com/news?id=23923 Stand-Up India Scheme expands access to bank finance for women and Scheduled Caste and Scheduled Tribe entrepreneurs to set up greenfield enterprises in manufacturing, services, trading and allied agricultural activities. Loans are channeled via bank branches, the Stand-Up India Portal, and Lead District Managers; non-individual enterprises must have 51% shareholding and control by eligible categories. Borrowers must be adults, not in default, and the scheme targets at least one SC/ST and one woman borrower per scheduled commercial bank branch, with the scheme extended for a further operational horizon and significant cumulative sanctions reported. en-us Mon, 05 Apr 2021 09:35:38 +0530 Mon, 05 Apr 2021 09:35:38 +0530 TaxTMI RSS Generator More than 25,586 crore sanctioned to over 1,14,322 accounts by the Banks under Stand-Up India Scheme in 5 years https://www.taxtmi.com/news?id=23923 Stand-Up India Scheme expands access to bank finance for women and Scheduled Caste and Scheduled Tribe entrepreneurs to set up greenfield enterprises in manufacturing, services, trading and allied agricultural activities. Loans are channeled via bank branches, the Stand-Up India Portal, and Lead District Managers; non-individual enterprises must have 51% shareholding and control by eligible categories. Borrowers must be adults, not in default, and the scheme targets at least one SC/ST and one woman borrower per scheduled commercial bank branch, with the scheme extended for a further operational horizon and significant cumulative sanctions reported. News - Mon, 05 Apr 2021 09:35:38 +0530 https://www.taxtmi.com/news?id=23923