MSMEs to get a major boost: Collateral-free loans up to ₹50L
Mar 25, 20244 Min Read
In a massive push for the micro, small, and medium enterprise (MSME) sector, the government has announced enhanced guarantee coverage for collateral-free business loans up to ₹50 Lakh. This move aims to fuel digital transformation and provide working capital buffers to rapidly expanding digital-first businesses across Tier 2 and Tier 3 cities.