With the launch of revamped credit guarantee scheme for India’s micro and small enterprises that will come into effect April 1, 2023,the limit on ceiling for guarantees has also enhanced from Rs 2 crore to _______ as per the information provided by the Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE).
A revamped credit guarantee scheme for India’s micro and small enterprises will come into effect April 1, 2023, with the annual guarantee fee for loans up to Rs 1 crore getting reduced from the peak 2 per cent to 0.37 percent, reducing the overall cost of credit for small businesses. The limit on ceiling for guarantees has also enhanced from Rs 2 crore to Rs 5 crore as per the information provided by the Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE). Consequently, the corpus of Credit Guarantee Fund Trust for Micro & Small Enterprises has been infused with a sum of Rs 8,000 crore in March, 2023. For settlement of claims in respect of guarantees for loan outstanding up to Rs 10 lakh, initiation of legal proceedings will no longer be required.
The Indian Evidence Act 1872 applies to
“The mason is building the wall’, js a ‘sentence in:
Who comprises the Cyber Regulations Advisory Committee according to Section 88 of the IT Act?
The Conciliator shall _______ the parties in an independent and impartial manner in their attempt to reach an amicable settlement of their dispute.
After the after the commencement of the Insurance Act, 1938 no insurer carrying on any class of insurance business in India shall after the expiry of __...
An imprisonment for life shall be reckoned as equivalent to imprisonment for:
The Schedule of Limitation Act, 1963 contains-
Which of the following cannot be exercised to compel attendence of a person before the court?
Which of the following is a new type of company which was introduced by the Companies Act, 2013?
A Lessee may remove his property attached to the earth: