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msme loan-schemes importance and role in india
MSME (Micro, Small, and Medium Enterprise) term was established in the Government of India in agreement with the Micro, Small & Medium Enterprises Development (MSMED) Act in 2006. MSME is managed and initiated by the Ministry of MSME. Ministry of MSME (MoMSME) are companies that engage in the manufacture, production and processing or preservation of […]
Bank of Baroda hike loan interest rates
Bank of Baroda have increased their marginal costs of funds-based lending rates (MCLR) on loans.Banks have been increasing loan interest rates ever since the Reserve Bank of India (RBI) started to hike the repo rate in May 2022. The central bank raised the repo rate by 50 basis points to 5.90% in its most recent […]
Union Bank of India hike loan interest rates
Union Bank of India have increased their marginal costs of funds-based lending rates (MCLR) on loans.Banks have been increasing loan interest rates ever since the Reserve Bank of India (RBI) started to hike the repo rate in May 2022. The central bank raised the repo rate by 50 basis points to 5.90% in its most […]
Getting Married? Here’s the Best Type of Personal Loan to Cover the Party
A wedding is an occasion that needs months or even years of planning to make it really remarkable. And financial planning plays an extremely important role in this. A considerable amount of funding is required to make it a memorable and distinctive event. Hence, planning your expenses wisely is crucial. If you choose a personal […]
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