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MSMEs may soon get Rs 20 lakh collateral-free loans under Mudra scheme, says report

Updated : June 27, 2019 08:02 AM IST

The central bank’s expert committee on MSMEs has recommended doubling the cap on collateral-free loans from the existing Rs 10 lakh to Rs 20 lakh: report
The proposal is part of the report prepared by the 8-member RBI committee headed by former Securities and Exchange Board of India chairman UK Sinha: report
MSMEs may soon get Rs 20 lakh collateral-free loans under Mudra scheme, says report

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