Bank Loans for MSME

MSME Bank loan

Engineering exporters’ apex body Engineering Export Promotion Council of India (EEPC) urged the Reserve Bank of India (RBI) to facilitate easy and cheaper bank loans mainly for the Micro, Small, and Medium Enterprises (MSMEs), according to media reports.

“With US-China trade tensions leaving the global financial markets and trade in a state of anxiety, it is time for Indian exporters to stay competitive and RBI should facilitate easy and less expensive bank loans for the MSME exporters,” read a statement by EEPC.

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