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Stand Up India Launched in 2016 for facilitating credit to SC/ST and Women entrepreneurs • 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: o Directly at the branch o Through Stand-Up India Portal (www.standupmitra.in) o Through the Lead District Manager (LDM) Features • 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. • Refinance window through SIDBI with an initial amount of Rs. 10,000 Crores. • Offices of SIDBI & NABARD are designated as Stand-Up Connect Centres to arrange the support that is needed.
“Where India Banks” is the tagline of ____________ .
Which of the following facilities is given to the individual to continue withdrawing money even if he/she has no enough funds in his/her account?
The meaning of Gilt – edged securities is
Fiscal Deficit occurs when
Lack of access to financial services is technically known as:
Following are the instruments having a maturity period of less than one year. Which of the following is / are Money Market Instrument?
Which of the following is/are key policy rates used by RBI to influence interest rates?
A).Bank Rate and Repo Rate
B).Reverse Repo Rate
C).CRR and SLR
IFRS stands for _______
MUDRA Bank has been inaugurated in 2015, what is the full form of MUDRA?
...Arrangement made for the likely loss in the profit and loss account while finalizing accounts of banks is known as...............................
