Business StandardDec 28, 2021Factoring Regulation Bill to open more credit facilities for MSMEs: FMThe amendments approved by Raj ya Sabha Thursday will give an impetus to the economy by providing an efficient working capital cycle for MSMEs, Sitharaman said.The Factoring Regulation (Amendment) Bill, 2021 will expand credit facilities for small businesses, and will help them in accessing funds from 9,500 non-banking financial companies (NBFC), Finance Minister Nirmala Sitharaman tweeted.The amendments approved by Rajya Sabha Thursday will give an impetus to the economy by providing an efficient working capital cycle for micro, small and medium enterprises (MSMEs), Sitharaman said.Read more at Business Standard
The amendments approved by Raj ya Sabha Thursday will give an impetus to the economy by providing an efficient working capital cycle for MSMEs, Sitharaman said.The Factoring Regulation (Amendment) Bill, 2021 will expand credit facilities for small businesses, and will help them in accessing funds from 9,500 non-banking financial companies (NBFC), Finance Minister Nirmala Sitharaman tweeted.The amendments approved by Rajya Sabha Thursday will give an impetus to the economy by providing an efficient working capital cycle for micro, small and medium enterprises (MSMEs), Sitharaman said.Read more at Business Standard
