The changes are aimed at lowering borrowing costs, expanding formal credit access and encouraging financial institutions to lend to micro enterprises.
Mudra loan guarantee fee cut to 0.75%, scheme extended till 2031
EXECUTIVE SUMMARY
The changes are aimed at lowering borrowing costs, expanding formal credit access and encouraging financial institutions to lend to micro enterprises.
Key Takeaways
- Mudra loan guarantee fee cut to 0.75%, scheme extended till 2031.
- The changes are aimed at lowering borrowing costs, expanding formal credit access and encouraging financial institutions to lend to micro enterprises.
- The changes are aimed at lowering borrowing costs, expanding formal credit access and encouraging financial institutions to lend to micro enterprises.
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Published originally on The Hindu Business Line
