Capital Infusion in MSME Sector

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....apital Infusion in MSME Sector <br>News and Press Release<br>Dated:- 30-7-2015<br><BR>To facilitate an easy access to finance by MSMEs, the Government/RBI has: (i) launched Credit Guarantee Fund Sche....

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....me for Micro and Small Enterprises to provide guarantee cover for collateral free credit facilities extended to micro and small enterprises (MSEs) upto &#8377; 1 Crore. (ii) issued guidelines in mand....

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....atorily requiring banks to dispense with collateral requirement for loans upto &#8377; 10.00 lakh to MSEs. (iii) set up a Micro Units Development & Refinance Agency (MUDRA) Ltd. which would be respon....

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....sible 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 &#83....

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....77; 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.<BR> News - Pre....

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....ss release - PIB....