Wednesday, January 16, 2019

Speed up 59-minute loan sanction, government tells PSU banks

NEW DELHI: Amid criticism of its promised 59-minute loan scheme for micro, small and medium enterprises (MSMEs), the finance ministry is pushing state-run banks to bridge the gap between proposals that receive preliminary approval and final sanction. Since its formal launch by PM Narendra Modi a little over two months ago, around 60% of the […]

from GST India-Goods and Services Tax in India http://bit.ly/2HiiU43

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