First Published: 20 Feb 2023, 05:56 PM IST
What are MSME loans and its primary benefits?
Updated: 20 Feb 2023, 05:56 PM IST
MSME loans provide financial assistance to SMEs with competitive interest rates, flexible repayment options, no collateral and tax benefits. The Union Budget 2023 has proposed a revamped credit guarantee scheme with a corpus infusion of 9000 crores to provide MSMEs with more collateral-free credit.