BusinessLineNov 1, 2021MSME Ministry working on certification of credit worthiness of small businessesFacility will be part of National Enterprise portal for MSMEs to be launched soonTo help small businesses borrow from banks, the Ministry of Micro, Small and Medium Enterprises (MSME) is working on a portal that will certify the credit worthiness of small players based on certain identified parameters which can be submitted to banks when loans are applied for.The MSME sector often complains that banks do not give them loans easily and they are made to run from pillar to post.Read more at BusinessLine
Facility will be part of National Enterprise portal for MSMEs to be launched soonTo help small businesses borrow from banks, the Ministry of Micro, Small and Medium Enterprises (MSME) is working on a portal that will certify the credit worthiness of small players based on certain identified parameters which can be submitted to banks when loans are applied for.The MSME sector often complains that banks do not give them loans easily and they are made to run from pillar to post.Read more at BusinessLine
