Bankers want government guarantee on incremental loans to MSMEs

Funds Instructor30 Apr, 2020News

Bankers want government guarantee to Micro, Small & Medium Enterprises (MSMEs) for all incremental loans, and also on up to 20% of new asset purchases from NBL (Non- Banking Lenders). Solid negotiations are going on with the govt on these issues, with bankers loath to budge on their demands and the government undecided on how much it can offer as a guarantee.