Small Businesses to Get Collateral-Freeloans up to ₹10 Cr.

Small businesses to get collateral-freeloans up to ₹10 cr.

Delhi govt. signs MoU with CGTMSE; CM says deal a ‘major boost’ for small entrepreneurs and women-led start-ups; dedicated ₹50-crore fund set up

Small companies to get collateral-freeloans as much as ₹10 cr.

Chief Minister Rekha Gupta talking on inking the settlement with CGTMSE, on the Delhi Secretariat on Tuesday. | Picture Credit score: SHIV KUMAR PUSHPAKAR The Delhi authorities on Tuesday signed a memorandum of understanding (MoU) with the Credit score Assure Fund Belief for Micro and Small Enterprises (CGTMSE) to offer collateral-free loans of as much as ₹10 crore to new and present micro and small enterprises (MSEs). Terming the initiative a “…