: Banks sanctions Rs 25,586 cr to 1.14 lakh StandUp India accounts in 5 years #FinanceIndia #StockMarketNEWS Banks sanctions Rs 25,586 cr to 1.14 lakh Stand-Up India accounts in 5 years New Delhi, Apr
@StockMarketNEWS Thu 08 Apr, 2021
Banks sanctions Rs 25,586 cr to 1.14 lakh StandUp India accounts in 5 years #FinanceIndia #StockMarketNEWS
Banks sanctions Rs 25,586 cr to 1.14 lakh Stand-Up India accounts in 5 years New Delhi, Apr 6 (KNN) Banks have sanctioned Rs 25,586 crore to about 1,14,322 beneficiaries under the Stand Up India Scheme in the last five years for promoting entrepreneurship among women and SC & STs, the Finance Ministry said.
The objective of Stand-Up India is to promote entrepreneurship amongst women, Scheduled Castes (SC) & Scheduled Tribes (ST) categories, to help them in starting a Greenfield enterprise in trading, manufacturing and services sector, by both ready and trainee borrowers, the Finance Ministry said in a statement on Sunday.
Under the scheme, bank loans between Rs 10 lakh and Rs 1 crore are provided to at least one Scheduled Caste/ Scheduled Tribe borrower and at least one woman borrower per bank branch of Scheduled Commercial Banks.
Started on April 5, 2016, the scheme has benefited 93,094 women entrepreneurs with outstanding loan of Rs 21,200 crore as of March 23.
This scheme, which has been extended up to 2025, covers SC/ST and/or women entrepreneurs, above 18 years of age, the statement said.
In case of non-individual enterprises, 51 per cent of the shareholding and controlling stake should be held by either SC/ST and/or Women Entrepreneur and borrowers should not be in default to any bank/financial institution, it said.
Stock Market News & Best Intraday tips & Stocks near support
More posts by @StockMarketNEWS
: Latest market news Daily updates #StockMarketNEWS Overall, the s&p bse sensex and the nifty50 closed at 49,746 and 14,874 levels, up 84 points and 55 points, respectively
@StockMarketNEWS Thu 08 Apr, 2021
: Latest market news Daily updates #StockMarketNEWS The sensex index gained 460 points, or 0.9 per cent, to end at 49,662 levels while the nifty index closed at 14,819 levels, up 135 points
@StockMarketNEWS Wed 07 Apr, 2021
0 Comments
Sorted by latest first Latest Oldest Best
Stock Exchange charts NSE Stock Exchange BSE Stock Exchange USA Stock Exchange Stock Charts NSE FNO Stock Analysis
NSE Stock Exchange NSE stock market news stock intraday tips
MNC.News NASDAQ NSE BSE Money SIP
Munafa NEWSTerms of Use Create Support ticket Your support tickets Powered by ePowerPress Stock Market News! Top Seo SMO © munafanews.com2024 All Rights reserved.