Most MSMEs are Approaching Banks for Collateral-free Loans: Care Ratings Survey
A large number of Micro, Small & Medium Enterprises (MSMEs) has approached banks for collateral-free loans to steer their businesses out of the crisis triggered by Covid-19 pandemic, PTI reports quoting a Care Ratings survey. According to the Care Ratings survey, about 70% of the MSME respondents have approached banks for availing collateral-free and government-guaranteed