Finance Ministry to Meet with Bank Chiefs on Credit Flow to MSMEs
The Finance Ministry will hold a review meeting with public sector banks (PSBs) to assess the impact of the 50% tariff hike imposed by the US on the micro, small, and medium enterprises (MSME) sector.
The meeting, chaired by Department of Financial Services (DFS) Secretary M Nagaraju, aims to understand how external trade pressures are affecting MSMEs and ensure adequate credit support under existing government initiatives.
- Review the flow of funds through financial inclusion initiatives such as MUDRA
- Examine credit guarantee schemes of the government
No specific quotes available in the given text.
Author's summary: Finance Ministry to review credit flow to MSMEs.
More News
- Amazon Deletes Prime Video Tweet Mocking Woman's Engagement Ring With 'The Summer I Turned Pretty' Meme
- Apple Stock Powers the Dow After iPhone Sales, Bull Notes - Schaeffer's Investment Research
- Illinois PIRG: State Farm's influence blocks regulators' probe
- New York Regulators Charge Omnium Canna With Reverse Licensing Scheme, Seek License Revocation
- Illinois SNAP errors could cost taxpayers up to $700 million in penalties
- High winds across parts of Colorado create fire danger Monday
- Veteran actor Asrani passes away aged 84