Stand Up India Scheme was launched in 2016 for facilitating credit to SC/ST and Women entrepreneurs. What is the maximum amount of bank loan a beneficiary can avail under the Scheme?
Stand Up India: Launched in 2016 for facilitating credit to SC/ST and Women entrepreneurs The scheme covers all branches of Scheduled Commercial Banks. 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: • Directly at the branch • Through Stand-Up India Portal (www.standupmitra.in) • Through the Lead District Manager (LDM) Eligibility • SC/ST and/or woman entrepreneurs, above 18 years of age • In case of non-individual enterprises, 51% of the shareholding and controlling stake should be held by either SC/ST and/or Women Entrepreneur • Borrower should not be in default to any bank/financial institution • Minimum 10% of the project cost to be borne by the borrower
The price at which issuing company may repurchase the bond before maturity is known as?
Which of the following ratios are basically the measures of yield or return.
As per FEMA, any person acquiring Foreign Exchange from AD Bank is permitted to use it ____
The Government of India has extended the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Scheme beyond March, 2022 till ____________.
Letter of credit is opened at the request of whom among the following?
As far as the Stand Up India Scheme is concerned, In case of non-individual enterprises, __________ of the shareholding and controlling stake should be...
Consider the following statements regarding the World in the Medical Tourism Index:
1. India is ranked 10th out of the top 46 countries ...
Calculate Debtors Ratio (365 days of the year.)
In the calculation of the Marginal Cost of Funds, what is the weightage given to the Marginal Cost of Borrowings compared to the return on net worth?
As per the guidelines of RBI, what is the risk weight for the housing loans with LTV Ratio (Loan to Value Ratio) lesser than 80%