Hotline: 1800 102 2007
X
Search Business Opportunities
2009-10-23

Base Rate will Ensure Transparency Benefiting MSMEs: FIEO

The Federation of Indian export Organisation (FIEO) welcomed the working Group recommendations to make credit pricing more transparent.

The Federation of Indian export Organisation (FIEO) welcomed the working Group recommendations to make credit pricing more transparent. 

 

The move will help in addressing the demand of transparency in the Benchmark Prime Lending Rate. This recommendation will immensely benefit MSME sectors. They can avail credit at a much lower rate unlike earlier when they got it at a higher rate than the corporate.  

 

The recommendation to disseminate the Base Rate and Range of Actual Lending Rates by banks would avoid any possibility of unhealthy practice by banks and will help them to gain debtors' confidence. 

Related opportunities
  • About Us: Join hands with Iris Florets - the happy play..
    Locations looking for expansion Telangana
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Hyderabad Telangana
  • Others Dealers And Distributors
    About Us: Forsch is premium engine oil and lubricant brand headquatered..
    Locations looking for expansion Karnataka
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Banglore Karnataka
  • Fashion accessories - women
    About Us: Malaysia's Leading Chain of Fashion  & Lifestyle concept stores. The..
    Locations looking for expansion New Delhi
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Juices / Smoothies / Dairy parlors
    About Us: MilkyWay, a venture of Chanda Softy Ice Creams, started..
    Locations looking for expansion Hydrabad
    Establishment year 1994
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 180
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater hyderabad Hydrabad
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts