FICCI CMSME and IDBI MoU to offer concession of 100 bps on interest rates for member MSMEs
New Delhi, May 23, 2014: Easy access to organised finance facility at competitive interest rates is up grabs for micro, small and medium enterprise (MSME) with the signing of MoU between FICCI-CMSME and IDBI. According to study by IFC in November 2012 titled “MSME Finance in India”, despite the increase in financing to MSMEs in …