TIP OF THE DAY 13082009

[AGMSBLCKNL]

TIP OF THE DAY

 

13.08.2009

 

COLLATERAL FREE LOANS

 

RBI has advised to extend collateral free loans up to Rs.5 lacs to all new loans sanctioned to the units of MSE sector [both manufacturing and services enterprises]. For more details, please refer to the circular letter.

 

SOURCE: CL No. CirCFO/Adv/123/2009-10.

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