Hotline: 1800 102 2007
Hotline: 1800 102 2007
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
  • After School Activities
    Started in 2009, SportyBeans is India’s most reputed non-competitive multi-sport..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2010
    Investment size Rs. 10lac - 20lac
    Space required 1200-1500 sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Maharashtra
  • Quick Service Restaurants
    About Us: Little Chef is an ideal experience encompassing 15 years..
    Locations looking for expansion New Delhi
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • About Us: Pots and Pans, Launched promoted in India by Meyer..
    Locations looking for expansion New Delhi
    Establishment year 1997
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater DELHI New Delhi
  • Casual dine Restaurants
    About Us: Kake Da Hotel is a legendary family restaurant founded..
    Locations looking for expansion New Delhi
    Establishment year 1950
    Franchising Launch Date 2015
    Investment size Rs. 30lac - 50lac
    Space required 600 - 4000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater North Delhi New Delhi
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