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Stand Up India: Launched in 2016 for facilitating credit to SC/ST and Women entrepreneurs The scheme covers all branches of Scheduled Commercial Banks. Bank loans between Rs.10 lakh and Rs. 1 crore to SC/ ST borrower and woman borrower for setting up a greenfield enterprise. The scheme provides financial assistance (funded /non-funded) for working capital, acquisition of fixed assets in manufacturing, services or retail sector. Loan may be secure by collateral security or at the guarantee of Credit Guarantee Fund for Stand-Up India Loans (BGFSIL) as decided by the banks. The scheme, which covers all branches of Scheduled Commercial Banks, can be accessed in three potential ways: · Directly at the branch · Through Stand-Up India Portal (www.standupmitra.in) · Through the Lead District Manager (LDM)
Recently, In order to reach seventeen lakh defense pensioners nationwide, the Defence Ministry has inked an MoU with which two banks?
What percentage of deposits were held by individuals as of September 2024, according to the RBI Quarterly BSR-2 report?
Kalpana Chawla Centre for Research in Space Science & Technology has been inaugurated in which university?
Which South American country adopted India's UPI system for instant digital payments?
Which platform is supporting Coca Cola India's initial association with ONDC for leveraging data-driven insights and market intelligence?
RBI has updated instructions in the Master Direction on Know Your Customer (KYC) related to wire transfers.Under the new rules,domestic wire transfers o...
Who will inaugurate the AIFF-FIFA academy in Bhubaneswar on November 21?
Which organizations signed a Memorandum of Understanding (MoU) for technical and knowledge cooperation for critical minerals?
Where was the Banded Royal butterfly discovered for the first time in India?
Which country name has been withdrawn from the World Ice Hockey Championship to be held on May 5- 21, 2023 in Saint Petersburg?
