Majority MSMEs opt for interest deferment in working capital   SBI

Majority MSMEs opt for interest deferment in working capital – SBI. MSMEs are expected to pay the accumulated interest as scheduled or convert it into FITL. The MSME book from banking system stands at around Rs 14 lakh crore. RBI has included deferment of interest on working capital, among its recent measures. The increased limit is applicable up to June 30, 2021.

 

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