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Indian Bank, TS Finance Corporation tie-up mooted to help small biz


Updated Jul 7, 2021, 7:08 am IST
Rama Rao said the banks should exercise restraint in invoking the Sarfesi Act against MSMEs
 Minister K.T Rama Rao at the inauguration of Balanagar flyover in Hyderabad. (R.Pavan/DC)
Hyderabad: Minister K.T. Rama Rao on Tuesday proposed a tie-up between the TS Finance Corporation (TSFC) and Indian Bank to develop mechanisms to help micro, small and medium-scale businesses.
Inaugurating Indian Bank s new initiative, MSME Prerana, to mentor small businesses, the minister said the government would be interested in partnering with the bank to address the issue of collaterals that most of the MSMEs face when they try to raise a loan. ....

Andhra Pradesh , Kt Rama Rao , Padmaja Chunduru , Rama Rao , Indian Bank , Ts Finance Corporation , Sarfesi Act , ஆந்திரா பிரதேஷ் , க்ட் ராமா ராவ் , பத்மஜா சுண்டுரு , ராமா ராவ் , இந்தியன் வங்கி ,

TN MSMEs appeal to govt for support to overcome crisis


TN MSMEs appeal to govt for support to overcome crisis
​ By
IANS
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MSMEs ask UP govt to help tech transfer from CSIR.. Image Source: IANS News
Chennai, May 26 : The association of Micro, Small and Medium Enterprises (MSME) units across Tamil Nadu have written to the state and central governments for assistance and support to overcome the crisis they are facing due to the second Covid-19 wave.
The Tamil Nadu Small and Tiny Industries Association (Tanstia) has in a letter to chief minister M.K. Stalin, requested to wave off fixed charges for Low Tension Electricity connections and demand charges for High tension supplies during the lockdown period. ....

Tamil Nadu , Nirmala Sitharaman , Tiny Industries Association Tanstia , Medium Enterprises , Tiny Industries , Tamil Nadu Industrial Investment Corporation , Tamil Nadu Small , Tiny Industries Association , Low Tension Electricity , Guindy Industrial Manufacturers , Non Payment Assets , Reserve Bank , Sarfesi Act , தமிழ் நாடு , நடுத்தர நிறுவனங்கள் , சிறியது தொழில்கள் , தமிழ் நாடு தொழில்துறை முதலீடு நிறுவனம் , தமிழ் நாடு சிறிய , சிறியது தொழில்கள் சங்கம் , இருப்பு வங்கி ,