Rs 20,000-cr subordinate debt scheme: Nine months after launch, only this many MSMEs benefited

Rs 20,000-cr subordinate debt scheme: Nine months after launch, only this many MSMEs benefited

Credit and Finance for MSMEs: The scheme allowed stressed or NPA MSME accounts as of April 30, 2020, to raise credit equivalent to 15 per cent of their stake (equity plus debt) in the business or Rs 75 lakh whichever is lower.
Check the source here –Source, Financial Express.

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