Offices of __________ are designated as Stand-Up Connect Centres to arrange the support that is needed under the Stand Up India Scheme.
Stand Up India Launched in 2016 for facilitating credit to SC/ST and Women entrepreneurs • Bank loans between Rs.10 lakh and Rs. 1 crore to SC/ ST borrower and woman borrower for setting up a greenfield enterprise. • The scheme provides financial assistance (funded /non-funded) for working capital, acquisition of fixed assets in manufacturing, services or retail sector. • Loan may be secure by collateral security or at the guarantee of Credit Guarantee Fund for Stand-Up India Loans (BGFSIL) as decided by the banks. • The scheme, which covers all branches of Scheduled Commercial Banks, can be accessed in three potential ways: o Directly at the branch o Through Stand-Up India Portal (www.standupmitra.in) o Through the Lead District Manager (LDM) Features • Loan may be secure by collateral security or at the guarantee of Credit Guarantee Fund for Stand-Up India Loans (BGFSIL) as decided by the banks. • Refinance window through SIDBI with an initial amount of Rs. 10,000 Crores. • Offices of SIDBI & NABARD are designated as Stand-Up Connect Centres to arrange the support that is needed.
Which of the following Statements about IREDA is/are True?
I- It is registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India...
When Government expenditure is more than income, through which of the following ways, it does the deficit financing?
(1) From Banks
(2) Fr...
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...
What is the basic difference between Gross NPA and Net NPA?
I- Gross NPA is the total of Bank loans and Net NPA is the total of all kinds of loan...
Which of the following statements about Prompt Corrective Action is/are True?
I- Prompt Corrective Action F...
Consider the following statements regarding Phase II of the Swachh Bharat Mission (Grameen) [SBM (G)]
1) The program will be implemented ...
Who among the following is not one of the eligible beneficiaries of PMUY?