Wednesday, February 13, 2013

‘RBI issues revised policy guidelines under micro enterprise’

.....Raghubir Singh, LDO, RBI showed his concern on the financial inclusion programme and emphasized the importance GoI is associating with this programme. He further informed that revised policy guidelines have been issued by RBI under micro-enterprise as defined in the MSMED act. In view of the increase in price index and cost inputs, the limit has been revised, within the overall ceiling of Rs 25 lakh. 40% of the total advances to micro and small enterprise .........

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