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Welcome To IANS Live - LatestNews - CAIT urges financial support policies for small traders in Budget

The body suggested that besides advising the Reserve Bank of India (RBI) to ensure smooth and easy access of finance to the trading community, the Finance Minister should spell out a policy in the budget to lay special emphasis on Non Banking Finance Companies & Micro Finance Institutions for lending to small businesses and the Banks and financial institutions should strengthen NBFCs and MFIs by providing requisite finance at a lower rate of interest so that both these lending institutions should provide finance to small businesses at a lower interest rate. ....

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