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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. ....

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Mackinac Financial schüttet Dividende für das vierte Quartal aus

Mackinac Financial schüttet Dividende für das vierte Quartal aus
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