Tuesday, October 16, 2012

MSMEs see no light at the end of the loan tunnel


The present spell of power crisis in most parts of the State has forced micro, small and medium enterprises (MSMEs) to approach the Reserve Bank of India (RBI) with an interesting request: suspend the application of non-performing asset (NPA) norms till March 2013. Last week, associations representing MSMEs met RBI Regional Director N.S. Viswanathan in Chennai to press their case.......


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